Skyro UAE And Fasset Collaborate To Innovate Digital Financial Services Across The GCC Region

Skyro UAE has entered into a strategic partnership with Fasset, a prominent fintech platform, during GITEX Global 2025. This collaboration aims to drive innovation in cross-border financial services within the GCC region. The agreement was formalised by Arsen Liametov of Skyro and Daniel Ahmed of Fasset, with key figures from Skyro's leadership present.

The partnership will focus on developing retail international transfer solutions using stablecoins. These solutions are designed to make cross-border remittances faster, more secure, and cost-effective. Both companies will also engage with regional regulators to ensure compliance and encourage responsible innovation in digital finance.

In addition to remittance solutions, the collaboration will explore the development and distribution of tokenised assets. By leveraging Skyro's expertise in financial accessibility and Fasset's blockchain capabilities, they aim to transform cross-border payments and support digital transformation efforts in the region.

Roberto Mancone, CEO of Skyro GCC, expressed gratitude for the partnership with Fasset. He stated that this collaboration is crucial for enhancing their 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," he said.

Daniel Ahmed from Fasset highlighted the shared goal of building inclusive financial ecosystems. "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," he noted.

Market Growth and Future Prospects

A recent study indicates significant growth in the GCC's ICT market, which includes blockchain and digital payment infrastructure. Valued at US$141.32 billion in 2025, it is expected to reach US$222.37 billion by 2030, growing at a CAGR of 9.49%. Key drivers include smart city projects, 5G deployment, and regulatory support for fintech innovations like tokenised assets.

This strategic alliance between Skyro UAE and Fasset underscores their commitment to reshaping financial services across borders while supporting ongoing digital transformation efforts in the GCC region.

With inputs from WAM