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Subjects: PDT, CXP

Amberdata Announces Expansion into the Middle East with New Office in Dubai


Market leading digital asset data and analytics firm expands footprint in Middle East market

MIAMI, Aug. 15, 2023 /PRNewswire-PRWeb/ -- Amberdata, the US-based leader in digital asset data and analytics for institutional customers, announces its expansion into the Middle East with a new office in Dubai.

Amberdata chose the UAE due to its emergence as a crypto innovation center focused on creating a regulatory environment conducive to growth, attracting top talent, and fostering a robust ecosystem for the digital asset class.

The new Dubai office will provide current GCC customers, as well as new market entrants, with local sales and account management support for Amberdata's full suite of products, including comprehensive, granular on-chain, DeFi, spot and derivatives market data and market intelligence.

Amberdata chose the UAE due to its emergence as a crypto innovation center focused on creating a regulatory environment conducive to growth, attracting top talent, and fostering a robust ecosystem for the digital asset class. With both the establishment of VARA and the new licensing regime, Dubai has provided much-needed operational clarity and security to financial institutions who are now driving innovations and investments in the space.

"Dubai really has become a global hub of crypto innovation" said Shawn Douglass, CEO of Amberdata. "Thanks to the growth of the DIFC (Dubai Financial International Centre) there are many institutions active in the region. This drives collaboration between traditional financial institutions and the crypto industry. We look forward to serving this growing market and providing more financial institutions with a competitive edge in the digital asset class."

About Amberdata

Amberdata is the leading provider of digital asset data. We deliver comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance, empowering financial institutions with data for research, trading, risk, analytics, reporting, and compliance. Amberdata serves as a critical piece of infrastructure for financial institutions entering the asset class and participating in digital asset markets. To learn more, visit Amberdata.io

Media Contact:
Jonathan Duran
Melrose PR
310.260.7901
[email protected]

Media Contact

Jonathan Duran, Melrose PR, 3102607901, [email protected], https://www.melrosepr.com/

SOURCE Amberdata


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