Crypto Platforms Expand Global Reach with LALIGA Partnership, Secure UAE Regulatory License, and BlackRock-Backed Fundraise for New Token
Crypto Platforms Expand Global Reach with LALIGA Partnership, Secure UAE Regulatory License, and BlackRock-Backed Fundraise for New Token
The crypto industry demonstrates robust growth and increasing institutional integration, as evidenced by recent key developments. WEEX has expanded its global footprint by entering a strategic regional partnership with LALIGA, aiming to integrate crypto into mainstream sports culture across Taiwan and Hong Kong. Concurrently, Crypto.com achieved a significant regulatory milestone in the UAE, securing a Stored Value Facilities (SVF) license, establishing a regulatory advantage over other VASPs. Further highlighting growing institutional interest, Circle Internet Group successfully raised $222 million in a presale for its new Arc blockchain token, a move that signals deeper engagement with crypto infrastructure and boosts investor confidence, notably with BlackRock's involvement.
Hong Kong, May. 11, 2026. WEEX has entered into a new partnership with LALIGA, as an official regional partner of LALIGA in Taiwan and Hong Kong. The agreement brings WEEX into LALIGA’s network of regional collaborators and opens the door to new ways of engaging both fans and traders during the season.
Crypto.com has become the first Virtual Asset Service Provider (VASP) in the United Arab Emirates (UAE) to obtain a Stored Value Facilities (SVF) license. The Central Bank of the UAE granted the permit to its local entity, Foris DAX Middle East FZE.
Circle Internet Group is pushing deeper into crypto infrastructure after raising $222 million in a presale for its new Arc blockchain token, a move that lifted investor sentiment and sent Circle shares higher in premarket trading. The raise values the Arc network at $3 billion and signals growing institutional demand for blockchain systems designed for