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Bitfury Group opens Dubai office

Blockchain services company opens in D3 to support regional expansion plans

Bitfury Group opens Dubai office
Nicola Mariani will lead Bitfury's operations in the UAE.

The Bitfury Group has opened an office in Dubai as part of its global expansion.

The full-service blockchain technology company, which helps organisations to shift process to blockchain-based systems, has opened the office in Dubai Design District to support customers in the region.

The company said that the office opening underscores its commitment to building blockchain-based solutions for governments, companies and institutions across the region.

"The U.A.E. is an extraordinarily innovative place and a crucial area of growth for blockchain technology," said Valery Vavilov, CEO of Bitfury, the world's leading full-service blockchain technology company. "We look forward to building new customer relationships and partnerships and designing the products they need to make their enterprises run more securely and efficiently."

George Kikvadze, executive vice chairman of Bitfury, said the new office opening will advance Bitfury's commitment to developing blockchain solutions globally.

"Expanding into the MENA region is the natural next step in Bitfury's mission to bolster blockchain growth and improve systems for governments and business around the world," said Kikvadze. "The U.A.E is at the heart of this growth, and we are excited to begin our work in such a dynamic country."

Nicola Mariani will manage the Dubai office and serve as Bitfury's new Chief Legal Officer. For the past 15 years, Nicola has handled complex local and multi-jurisdictional transactions globally. Previously, he worked as a partner in a leading global law firm.

"Blockchain technology is fundamentally changing many aspects of our society and may be the most important invention since the internet," Mariani said. "I look forward to working with the Bitfury team to bring state-of-the-art Bitcoin Blockchain products to new customers across the U.A.E. and the region"

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