ChainCatcher news, Tether has signed a Memorandum of Understanding (MoU) with digital asset infrastructure provider Fuze, and the two parties will collaborate on educational programs in the digital asset space, with a particular focus on Turkey and the Middle East, including cross-border payment solutions, compliance, regulatory framework development, and education for local financial institutions.

ChainCatcher news, according to a report by PR Newswire, a Middle Eastern digital asset startup has announced that Fuze has completed a $14 million seed round financing, led by venture capital firm Further Ventures, with participation from early-stage venture capital firm Liberty City Ventures based in New York, USA.It is reported that Fuze was established in December 2022 and joined Abu Dhabi's global tech ecosystem Hub71 this year. Fuze enables banks, fintech companies, or enterprises to offer regulated digital asset products to customers through local applications. Its white-label solutions handle complex blockchain and regulatory overhead for businesses, allowing them to provide digital assets such as stablecoins, cryptocurrencies, CBDCs, and tokenized assets at any time.