The agreement was formalized during Binance Blockchain Week in Dubai, marking a key step in botim’s transformation from a communication-focused app into a full-scale fintech ecosystem where users can pay, transfer, and invest seamlessly.
Through this collaboration, both companies will explore ways to merge Binance’s global digital asset expertise with botim’s expanding fintech capabilities in the UAE. Their aim is to develop secure, compliant pathways for customers to engage with digital assets.
The MoU arrives at a time when global interest in digital assets is accelerating, supported by progressive regulatory frameworks across the Middle East. Together, the companies will assess how such services could fit within the UAE’s regulatory environment while helping boost financial inclusion.
botim Money also caters to communities with limited access to traditional banking. Under the MoU, both parties will look into providing simplified, regulated digital asset access to these underserved groups.
Catherine Chen, Head of VIP & Institutional at Binance, commented:
“Our collaboration with botim money to make digital assets accessible to botim’s tech-savvy users reflects this evolution. The UAE is taking bold steps to bridge traditional finance and digital assets, and we’re proud to support the growing local ecosystem.”
Sacha Haider, Chief Strategy Officer at Astra Tech | botim, added:
“Integrating crypto capabilities through Binance lets us build on our fintech foundation and offer customers new ways to participate in the digital economy. Our priority is to provide simple and secure financial tools that help people manage and grow their money.”
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