Page 51 - Skyro PR Report - October 2025

Skyro UAE and Fasset sign MoU at GITEX 2025 to enhance digital financial services across GCC - Middle East Business Ne…

The MOU was signed by Arsen Liametov, Co-Founder and Co-CEO of Skyro, and Daniel
Ahmed, COO and Co-Founder of Fasset, with the rest of Skyro’s senior leadership
including Roberto Mancone, CEO of Skyro GCC and Stanislav Drozdik, Group CFO of
Skyro, in attendance.

Under the terms of the partnership, Skyro UAE and Fasset will work together to develop
and promote innovative retail international transfer solutions powered by stablecoins.
These solutions will enable faster, more secure and cost-efficient cross-border
remittances. Both parties will also actively engage with regulators across the region to
ensure maximum compliance and foster responsible innovation within the growing digital
finance ecosystem.

In addition, the strategic partnership will explore avenues to develop and distribute
tokenised assets by combining Skyro’s expertise in financial accessibility and lending
platforms, along with Fasset’s blockchain and digital asset capabilities. This collaborative
effort reflects their commitment to reshape cross-border payments while supporting the
region’s ongoing efforts to ensure digital transformation and financial inclusion.

Roberto Mancone, CEO of Skyro GCC said: “We are grateful for our partnership with
Fasset, as it marks an important step in strengthening our group’s fintech capabilities
across the GCC. This partnership will allow us to explore new digital financial structures
that align with our mission to make financial services more accessible to customers
globally.”

According to a recent study, the GCC region’s ICT market, which encompasses blockchain
and digital payment infrastructure, is estimated to be worth USD 141.32 billion in 2025
and is projected to reach USD 222.37 billion by 2030, growing at a compound annual
growth rate (CAGR) of 9.49 per cent. Key contributors to this growth are smart city
initiatives, 5G deployment, and regulatory support for fintech innovations such as
tokenised assets and digital remittances, which are laying the foundation for a more
connected, tech-enabled financial future across the GCC region.

Daniel Ahmed, COO and Co-Founder of Fasset, said: “Partnering with Skyro UAE enables
us to further our shared goal of building inclusive and innovative financial ecosystems.
Together, we aim to redefine how value moves across borders – using blockchain and
tokenization to deliver secure, fast and efficient financial services to people in the
region.”

The partnership between Skyro UAE and Fasset comes at a pivotal time of accelerated
digital infrastructure growth across the region. It reflects both parties’ dedication to
boosting financial inclusion, regulatory collaboration and innovation in digital assets, 
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