Fluent Finance

The blockchain firm, Fluent Finance, said its new UAE entity, named Fluent Economic Bridge, will focus on deposit token infrastructure to promote cost-effective and borderless trade finance between Abu Dhabi lenders and global markets.

“The UAE has positioned itself as a global leader for digital assets through their special economic zone initiatives, regulation foresight, and global trade expansion with strategic MoUs,” said Fluent Finance’s CEO, Bradley Allgood. “We use Corda by R3 as our enterprise layer to bring CBDC-compatible deposit token infrastructure for borderless payments, complementing the UAE as they lead the charge on digital transformation.