March 22, 2023

The Sandbox, GCEX Set up Educational Platform in DubaiVerse

The Sandbox, GCEX Set up Educational Platform in DubaiVerse Featured Image

The Sandbox, a pioneering decentralized virtual gaming world based on blockchain and a subsidiary of major metaverse developer Animoca Brands, partnered with GCEX, a leading digital prime brokerage, to develop an education and client engagement platform within the DubaiVerse.

DubaiVerse is a virtual project by the Sandbox that will host some of Dubai’s major partners and brands, according to Fintech Finance website.

The Sandbox and GCEX will offer an immersive experience to companies and games that are interested in entering the metaverse by educating them on decentralized finance (DeFi). Institutional and professional clients will get GCEX’s digital prime brokerage offering.

Therefore, this partnership will provide gamers and GCEX’s clients, who include brokers, professional traders, hedge funds, and family offices, an opportunity to build and publish captivating experiences in DubaiVerse.

In this regard, Founder and CEO of GCEX Lars Holst said this partnership allows GCEX to join the Web3 world with a gaming experience and engagement platform within the DubaiVerse ecosystem.

“As a financial institution, acquiring LAND to secure and store the assets that will be part of the GCEX experience puts us at the forefront of this innovative new world. We are excited to be part of the developments of The Sandbox and to join other top players in the region, including our regulator, Dubai’s Virtual Asset Regulatory Authority (VARA), as part of the DubaiVerse. This is a great opportunity to bridge the gap between Web3 early adopters and GCEX clients, building a community around Web3 and digital assets,” Holst noted.

Meanwhile, COO and Co-Founder of The Sandbox Sebastien Borget said he looks forward to making GCEX a financial ambassador in the DubaiVerse ecosystem. Also, Vice President of The Sandbox Bertrand Levy expressed his happiness for teaming up with GCEX on this virtual project in the Middle East region, which is considered a growing Web3 hub.

DubaiVerse is a Dubai-themed metaverse where visitors can enjoy immersive experiences, including participation from a set of local firms from the music, film, entertainment, gaming industries, finance, and real estate.

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