botim Money, the financial services arm of botim serving users in the UAE and Binance have signed a MoU to explore providing digital asset access to customers.
The signing took place during Binance Blockchain Week in Dubai.
The MoU supports botim’s shift from a communications-led platform to a broader fintech offering, allowing users to pay, transfer, and invest within a single ecosystem.
Both companies will examine solutions combining Binance’s expertise in digital assets with botim’s fintech capabilities in the UAE market, with a focus on creating safe and compliant access.
The agreement comes amid growing global interest in digital assets and supportive regulatory frameworks across the Middle East.
The two companies intend to assess how such services could operate within the UAE’s regulatory environment and contribute to wider financial participation.
Botim Money also serves populations with limited access to traditional financial systems.
Under the MoU, the parties will explore ways to offer these communities simplified and secure access to digital assets through regulated channels.
Catherine Chen, Head of VIP & Institutional at Binance, said,
“Our collaboration with botim money to make digital assets accessible to botim’s tech-savvy customers exemplifies this shift. The UAE is taking exciting steps to connect traditional finance with digital assets, and we are pleased to keep supporting the local community and ecosystem.”
Sacha Haider, Chief Strategy Officer of Astra Tech | botim, added,
“Unlocking crypto capabilities with Binance allows us to build on this foundation and offer customers new ways to engage with the digital economy. Our focus remains on giving people simple and secure tools to manage and grow their money.”
Featured image credit: botim money
