AIxCrypto Inc. (NASDAQ: AIXC) has established a new subsidiary in Ras Al Khaimah, UAE, equipped with a Web3 operating license. This strategic move aims to enhance the company's global AI and cryptocurrency operations by providing access to liquidity and crypto markets. The license covers decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), and tokenized assets. Co-CEO Jerry Wang highlighted that the new subsidiary will facilitate the attraction of institutional capital and talent, while ensuring compliance with Countering the Financing of Terrorism regulations. This development also strengthens AIxCrypto's regional connections and expands its regulated presence in the Middle East.
AIxCrypto Launches UAE Subsidiary with Web3 License to Enhance Global Operations
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