Aptos Foundation Sets Sights on Abu Dhabi to Boost Web3 Innovation

The Aptos Foundation is launching a new office in Abu Dhabi Global Market (ADGM), one of the UAE’s premier international financial hubs. This marks a pivotal step in the Foundation’s quest to expand the Aptos ecosystem and advance Web3 innovation worldwide.

Abu Dhabi will serve as a regional base for the Foundation, enabling strategic partnerships and fostering groundbreaking projects aimed at scaling the Aptos blockchain. The choice of location underscores the UAE's reputation as a trailblazer in blockchain adoption, supported by government initiatives that encourage Web3 advancements and attract visionary talent and organizations.

Bashar Lazaar, Head of Growth and Ecosystems at Aptos Foundation, highlighted the UAE’s leadership in blockchain, stating, “The region’s forward-thinking approach to Web3 makes Abu Dhabi a global hub for innovation. Establishing this office allows us to work directly with local pioneers, learn from them, and drive the Aptos ecosystem forward.”

ADGM leadership also welcomed the move. Arvind Ramamurthy, Chief Market Development Officer at ADGM, remarked, “Aptos Foundation’s decision to join our ecosystem reaffirms the UAE’s position as a leader in blockchain technology. Their collaboration with regional developers, institutions, and investors will add immense value to the Web3 landscape.”

This new chapter in the Aptos Foundation’s journey reinforces its dedication to empowering blockchain builders and accelerating adoption throughout the Middle East and beyond. By aligning with Abu Dhabi’s innovative ecosystem, the Foundation is poised to shape the future of blockchain technology in the region.