RAK Digital Assets Oasis, the Free Zone with Common Law features dedicated to supporting and nurturing digital assets companies, announces its partnership with digital banking platform Ibanera.
As the RAK DAO licensed ecosystem partner, Ibanera will leverage “an extensive network of Web3 companies, funding opportunities, blockchain resources, and more to expand its footprint in the Middle East.”
Dr. Sameer Al Ansari, CEO of RAK DAO, emphasized the strategic importance of this partnership.
“RAK DAO’s vision is to be the free zone of the future for the companies of the future. Ibanera’s entrance into the region aligns perfectly with our goal of fostering future-driven innovation and next-generation banking technologies. This collaboration not only positions Ibanera as a key player in this dynamic region but also strengthens RAK DAO’s ecosystem by introducing cutting-edge financial services and solutions.”
Michael Carbonara, CEO of Ibanera, highlighted the strategic importance of this partnership.
“We are thrilled to join RAK DAO’s network of future innovation. The business-friendly infrastructure and progressive policies in Ras Al Khaimah make it an ideal location for global business growth.”
Through RAK DAO’s vibrant ecosystem of Web3 partners, Ibanera aims to “expand its PORTL API and other key solutions, fostering creativity and innovation.”
RAK DAO’s straightforward legislation and seamless onboarding process “will further support Ibanera’s mission to provide cutting-edge services to companies, from startups to enterprise operators.”
Ibanera’s all-in-one financial service platforms will “offer RAK DAO’s ecosystem of Web3 businesses a convenient, seamless, and user-friendly experience, ranging from NFT Tokenization-as-a-Service to digital asset purchases and next-generation banking solutions.”
As noted in the update, Ibanera is a digital banking platform, known “for its commitment to secure and innovative financial solutions.”
With a global footprint and regulatory compliance across multiple jurisdictions, Ibanera continues to “push the boundaries of what is possible in the fintech landscape.”
As mentioned in the announcement, RAK Digital Assets Oasis (RAK DAO) is the world’s first and only Free Zone with Common Law features “established to support and nurture digital assets companies.”
In the UAE Emirate of Ras Al Khaimah, RAK DAO offers “a legislative framework that simplifies the process of opening and operating digital assets companies.”
By fostering an ecosystem and providing comprehensive services, RAK DAO drives the future of emerging sectors, “propelling innovation, and unlocking the potential of digital assets.”
