Brokerage group Equiti announced on Wednesday morning that it has become a strategic partner with d2a2.
Based in the Lamborghini building in Dubai, d2a2 is a regulatory association that aims to provide support for new legal frameworks that can govern blockchain technology.
The association has a particular focus on the so-called ‘tokenisation’ of real-world assets. This is the idea that something like a real estate project would somehow be put onto a blockchain and become more liquid and thus easy to trade in.
In a statement, Equiti said its new partnership with d2a2 would have four key pillars.
- Supporting industry-regulator dialogue
- Contributing to policies on tokenisation, custody, and cross-border innovation
- Elevating financial literacy on blockchain and real-world asset tokenisation
- Bridging TradFi and DeFi through infrastructure that unites security with agility
“Finance should work for everyone, not just those with legacy access. Partnering with D2A2 gives us the opportunity to engage in meaningful dialogue with fellow industry leaders, share insights, and help shape a more inclusive financial future,” stated Iskandar Najjar, Equiti Group CEO and Co-Founder.
“It’s about building a community where innovation is driven collectively, and access to opportunity is expanded through collaboration.”
Equiti d2a2 connections, Dubai’s love for crypto
There are other connections between d2a2 and Equiti Group.
Gaurang Desai has been a Managing Director at the latter company since 2022. In July of the same year he also became Chairman of d2a2, a position he has held since.
The launch of such an association is also illustrative of the push that the UAE has made to become a hub for the cryptocurrency industry.
The Gulf state has been open to regulating the industry and getting firms to set up shop there. Most notably, Binance has its headquarters in the country and also received a sizeable investment from a government-backed fund earlier this year.