Interlace debuts at Token2049 in Dubai: Deepening Middle East layout and promoting the integration of Web2 and Web3

Interlace
2025-05-02 11:34:12
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Regarding the development of Web3 in Dubai and the MENA region, Interlace founder and CEO Michael Wu stated: "The Middle East is transforming from an 'energy hub' to a 'digital innovation hub,' and its open regulatory environment and capital vitality provide a unique soil for Web3. We look forward to collaborating with local partners to build inclusive and efficient infrastructure, allowing blockchain technology to benefit more businesses and users, and driving MENA to become a new benchmark for global Web3 applications."

On April 30, the global cryptocurrency industry's top event, Token2049, grandly opened in Dubai, attracting over 15,000 Web3 industry leaders, investors, and developers to the Middle East's digital financial hub. As a financial innovation platform focused on bridging Web2 and Web3, Interlace will deeply participate in this conference and several core side events, showcasing innovative technological achievements, discussing compliance strategies, and further promoting globalization.

Token2049 is known as the "Davos of the crypto space." In recent years, Dubai has become a key player in the global Web3 enterprise expansion into emerging markets, thanks to its flexible and open regulatory policies and the concentration of high-net-worth capital. During the Dubai Token2049, Interlace will comprehensively showcase its technological strength and ecological vision through keynote speeches, roundtable discussions, side events, and brand booths.

Middle East Compliance Pathways and Business Outlook

Interlace founder and CEO Michael Wu was invited to attend the "Mastering Web3 Finance and Compliance: Blockchain & Beyond" event, participating in discussions on the compliance framework and trends of Web3 in the Middle East. Michael Wu analyzed the compliance pathways in the Middle Eastern market based on the company's globalization practices. He stated that the regulatory efficiency in the UAE provides significant advantages for Web3 enterprises: "Applying for a virtual asset service provider license in Dubai takes only a few months, while similar processes in Singapore can take up to two years, and in the U.S., companies face long-term uncertainties due to conflicts between federal and state regulations." This differentiated regulatory environment provides a key window for Interlace to quickly establish its business in the Middle East.

(Interlace Founder and CEO Michael Wu)

Michael further shared Interlace's compliance strategy: "Early investment is the core of building competitive barriers. We have successfully obtained licenses such as MSB, MSO, and VASP in Hong Kong, the U.S., and Europe." He believes that technological capability is deeply tied to compliance, for example, optimizing the KYC process through biometric technology, which meets regulatory requirements while lowering user thresholds. "Compliance is not a cost but the cornerstone of brand trust, especially as professional institutions and investors will inevitably choose compliant partners, which is a prerequisite for the long-term development of the company."

Regarding the integration of traditional finance and Web3, Michael used Interlace as an example to explain the advantages of multi-license collaboration: "The crypto card we issue supports seamless integration of on-chain assets and off-chain consumption, which also requires higher compliance capabilities across jurisdictions." He revealed that Interlace is actively laying out its business in the Middle East and integrating compliance technology experience into the regional market to promote the development of blockchain technology.

Side Events Showcase Technological Innovation

In addition to roundtable discussions, Interlace will also appear at important events such as 1001 Crypto Nights, Gilded Mirage, and Hack Seasons Conference Dubai, exploring key topics such as the integration pathways of traditional finance and Web3 in Dubai and the Middle East, and CaaS API solutions. At the event, Interlace showcased a customized bank physical card and offered it as a limited-time experience card, allowing attendees to experience the seamless connection between "on-chain assets and off-chain consumption."

Interlace's high-profile appearance at Dubai Token2049 is not only an important step in its globalization strategy but also a significant milestone in deepening its presence in the Middle Eastern market. Regarding the development of Web3 in Dubai and the MENA region, Interlace founder and CEO Michael Wu stated: "The Middle East is transforming from an 'energy center' to a 'digital innovation center,' and its open regulatory environment and capital vitality provide a unique soil for Web3. We look forward to collaborating with local partners to build inclusive and efficient infrastructure, allowing blockchain technology to benefit more enterprises and users, and promoting MENA to become a new benchmark for global Web3 applications."

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