Klickl, a regulated Web3 financial services provider, has signed a tripartite MoU with WeBank, a digital bank from Mainland China, and Goldford Group, an innovation-focused conglomerate in Hong Kong.
The agreement sets out to create a cross-regional fintech innovation alliance connecting Mainland China, Hong Kong, and the Middle East.
The MoU was signed during an official visit to Qatar by a delegation from Hong Kong and Mainland China, led by Hong Kong Chief Executive John Lee.
This collaboration represents the first structured initiative linking fintech ecosystems across the Greater Bay Area and the Middle East.
Klickl contributes its regulatory knowledge and experience in Web3 financial services within the Gulf region.
WeBank provides technological expertise from Mainland China, while Goldford Group supports integration across Hong Kong’s innovation landscape.
The alliance will focus on several areas including the development of a blockchain and AI incubation platform, support for startup acceleration between Asia and the Middle East, delivery of next-generation financial services for cross-border applications, digital transformation support for traditional financial institutions, localisation of fintech solutions for Gulf markets, and the exploration of quantum technology for financial use cases.
“This partnership is more than symbolic, it is strategic,”
said Michael Zhao, Founder and CEO of Klickl.
“As the only homegrown Web3 financial services provider in the region, we are proud to help bridge capital, compliance, and technology across three economic hubs. This alliance reflects not only our infrastructure readiness, but also the trust we’ve built with institutions across Asia and the Middle East.”
Klickl is licensed by the Abu Dhabi Global Market (ADGM) under its Financial Services Permission (FSP) and holds Virtual Asset Service Provider (VASP) registration in the European Union.
The firm provides Web3-native financial services including digital wallets (Klickl4U), institutional accounts (KlicklONE), payment infrastructure (KlicklPay), stablecoin services, asset custody, and trading infrastructure.
It has also participated in official economic delegations to Malaysia, Poland, and Japan.
Featured image credit: Edited by Fintech News Middle East, based on image by far88 via Unsplash
