Fuze Partners Miden to Develop Privacy-Focused Blockchain for Regulated Finance
Collaboration targets institutional adoption by combining private blockchain infrastructure with compliance requirements across payments, remittances and wealth services
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Fuze has partnered with Miden, a blockchain company backed by a16z and other investors, to support the development of regulated digital asset use cases.
The collaboration combines Fuze’s network of banks, fintechs and enterprises with Miden’s privacy-focused blockchain infrastructure.
It will focus on applications across payments, remittances and wealth services.
The agreement addresses a key barrier to institutional adoption of digital assets: the transparency of public blockchains. Transactions on these networks can be viewed and analysed openly.
The MoU aims to enable privacy-preserving infrastructure. This would protect customer data and commercially sensitive information.
At the same time, it allows regulatory oversight and supports compliance with requirements such as know-your-customer (KYC) and anti-money laundering (AML) rules.
For financial institutions and enterprises, this may allow the use of blockchain systems without disclosing confidential data or business relationships.
More broadly, it reflects a shift from experimental use of digital assets towards regulated, practical applications.
This MoU brings together two transcontinental businesses aiming to move blockchain from theory into regulated financial activity.
Azeem Khan
“For digital assets to move beyond experimentation, they need infrastructure that institutions and regulators can actually deploy in the real world,”
said Azeem Khan, Co-Founder of Miden.
“Working with Fuze allows us to design systems that pair privacy and control with regulatory clarity, starting in markets that are already leaning into this future.”
Mohammed Ali Yusuf
“When blockchain meets financial services, the real challenge isn’t the technology; it’s balancing privacy, interoperability, and regulatory compliance,”
said Mohammed Ali Yusuf, Chief Executive of Fuze.
“Miden’s approach to privacy-first infrastructure complements our distribution and partnerships across the region.”
The companies said they will explore pilot projects, partnerships and deployment opportunities across emerging markets, particularly in the Middle East, which continues to position itself as a hub for regulated digital asset development.
