Odaily Planet Daily News Middle East digital asset startup company announced that Fuze has completed a US$14 million seed round of financing, led by Abu Dhabi venture capital institution Further Ventures, and Liberty City Ventures, an early-stage venture capital firm in New York, USA, participated in the investment.
It is reported that Fuze was established in December 2022 and joined Hub71, Abu Dhabi’s global technology ecosystem, this year. Fuze enables banks, fintechs or businesses to offer regulated digital asset products to customers through native applications. Its white label solutions handle the complexities of blockchain and regulatory fees for businesses, allowing businesses to easily offer digital assets such as stablecoins, cryptocurrencies, CBDC and tokenized assets. (PR Newswire)