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2025-03-252025-03-254554433221100
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feraset secures 4.5 million seed funding to advance ai consumer apps

Dubai's Code & State has raised $3 million to advance stablecoin technology, aiming to incubate startups that address challenges in payments and compliance. With a projected market cap growth to $1.5 trillion in five years, the venture studio emphasizes founder equity and support for innovators in the stablecoin space.
ArabFounders
United States Dollar TUR ARE Enis Hulli Artia Moghbel Harri Manninen Cédric Waldburger Omar Albassami Show more
Business & Industry, News Article
22:03 25.03.2025

code and state secures 3 million to advance stablecoin innovation in dubai

Dubai's Code & State has raised $3 million to advance stablecoin innovation, aiming to incubate startups that address challenges in payments and compliance. With stablecoin adoption surging, the venture studio is positioned to significantly impact the digital currency landscape, predicting a tenfold market cap increase to $1.5 trillion in five years.
ArabFounders
United States Dollar SAU ARE Enis Hulli Artia Moghbel Harri Manninen Cédric Waldburger Omar Albassami Show more
Business & Industry, Press Release
21:50 25.03.2025

UAE venture studio secures funding to boost stablecoin innovation and adoption

Code & State, a Dubai-based venture studio, has raised $3 million to foster stablecoin innovation, backed by Warburg Serres and KR1. The funding will support startups focused on real-world stablecoin adoption and blockchain financial solutions, as the market is projected to grow tenfold, exceeding $1.5 trillion in five years. The initiative aims to provide mentorship and infrastructure to entrepreneurs, positioning the UAE as a leader in digital finance.
Rasmal
United States Dollar ARE Cédric Waldburger Artia Moghbel
Business & Industry, Press Release
12:51 25.03.2025

code and state secures funding to boost stablecoin startup innovation

Code & State, a Dubai-based venture studio, has secured USD 3 million from Warburg Serres and KR1 to foster the next generation of stablecoin startups. The funding will support projects aimed at enhancing real-world stablecoin adoption, addressing challenges in payment systems, compliance, and security. With stablecoin transactions exceeding USD 15 trillion in 2024, the studio is actively seeking entrepreneurs to develop innovative solutions in this rapidly growing sector.
WAYA
United States Dollar KR1 Plc ARE Cédric Waldburger Artia Moghbel
Business & Industry, Press Release
09:31 25.03.2025
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