EmCoin and Crypto.com sign MoU to explore digital asset trading and tokenisation in the UAE
The agreement sets out plans to integrate Crypto.com’s liquidity and infrastructure with EmCoin’s platform, subject to regulatory approval, and to explore tokenisation of real-world assets.
Emirates Coin Investment LLC has signed a memorandum of understanding with Crypto.com to explore integrations that would allow users in the United Arab Emirates to access and trade digital assets.
In a joint statement, the companies said the proposed collaboration, subject to regulatory approvals, will examine the integration of Crypto.com’s global liquidity and trading infrastructure into EmCoin’s platform. The aim is to expand EmCoin’s customer experience, improve trade execution quality and provide access to a broader range of cryptocurrencies with tighter spreads.
Under the MoU, Crypto.com will also explore supporting the tokenisation of EmCoin’s real-world assets. This would use Crypto.com technologies and strategic partners, including the Cronos EVM chain, and would be carried out in line with applicable regulatory requirements, the companies said. Tokenisation refers to representing ownership of real-world assets, such as commodities or financial instruments, as digital tokens on a blockchain, enabling more efficient trading, settlement and programmability.
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“Our focus is on making digital asset holdings easier to access, manage, and move, without compromising on security and user protection,” said Yasin Arafat, Chief Operations Officer of EmCoin. Eric Anziani, President and Chief Operating Officer of Crypto.com, said the company is looking forward to exploring how its products and deep liquidity could enhance the EmCoin user experience.
The firms said the collaboration is centred on security, regulatory alignment and user confidence. They added that the initiative is intended to support responsible adoption of digital assets in the UAE, with an emphasis on real-world usability, transparency and trust as the market continues to develop.
The Recap
- EmCoin signed a memorandum of understanding with Crypto.com.
- Integration aims to broaden cryptocurrency selection at tighter spreads.
- Plans proceed subject to required regulatory approvals and review.
