Abu Dhabi-based digital assets infrastructure provider Fuze recently raised $12.2 million in a Series A funding round led by Galaxy and e& capital.
In 2022, Fuze was founded by Mo Ali Yusuf, Arpit Mehta, and Srijan R Shetty. Fuze enables banks, fintechs, and traditional enterprises to offer regulated digital asset products. These products can include stablecoins, cryptocurrencies, central bank digital currencies, and tokenised assets. The company provides solutions that reduce blockchain complexities and regulatory compliance to facilitate integration for clients.
The newly raised funds will be used for the growth of Fuze and to obtain regulatory licences for the technologies and expand them. They will also focus on the expansion of the company across the world, especially in the Indian market. Fuze Trader and Fuze Loyalty are some products of the company that empower financial institutions to secure their digital asset services in a user-friendly manner.
Co-founder Arpit Mehta shared, “This moment goes beyond funding — it marks the arrival of strategic partners who share our belief in the future of finance. This is a start, and the opportunity is generational. Building a fully regulated business is hard; building a new category is even harder. But it’s also what makes it truly defensible, scalable, and built to last.”
