Page 22 - Skyro PR Report - October 2025

Skyro UAE and Fasset Unite to Boost Digital Financial Services in the GCC - FAME Delivered

Skyro UAE and Fasset Unite to Boost Digital

Financial Services in the GCC

Strategic Partnership Enhances Cross-Border Financial

Innovation

Skyro UAE, a prominent player in the digital financial technology sector, has entered into a Memorandum of
Understanding (MoU) with Fasset, a leading global fintech platform. This agreement was formalized during
GITEX Global 2025, aiming to drive innovation in cross-border financial services throughout the Gulf
Cooperation Council (GCC) region.

Under this partnership, both entities will collaborate to develop retail international transfer solutions that utilize
stablecoins. These innovative solutions are designed to provide faster, more secure, and cost-effective cross-border
remittances.

Commitment to Compliance and Responsible Innovation

In addition to developing new financial solutions, Skyro UAE and Fasset plan to engage actively with regional
regulators. Their goal is to ensure maximum compliance while fostering a landscape conducive to responsible
innovation in the burgeoning digital finance ecosystem.

Both parties recognize the importance of regulatory frameworks in maintaining the integrity of financial
transactions. This approach underlines their commitment to building a responsible financial environment as they
expand their services.

Exploring Tokenised Assets in Financial Services

The partnership seeks to explore the development and distribution of tokenised assets by leveraging Skyro’s
expertise in financial accessibility and lending, combined with Fasset’s strengths in blockchain technology and
digital assets. This collaboration signifies a shared vision to redefine cross-border payment methods and to support
the GCC’s initiative for digital transformation and financial inclusion.

Skyro UAE and Fasset’s strategic alliance represents their dedication to reshaping the financial landscape by
integrating advanced technological solutions.

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