Rotkreuz, Canton of Zug, Switzerland – 1st July 2026 – The MENA Fintech Association (MFTA), the region’s leading not-for-profit fintech industry body and globally ranked among the top fintech associations, has formalised a strategic partnership with the Crypto Valley Association (CVA) through the signing of a Memorandum of Understanding (MoU) in Switzerland, establishing a framework for enhanced cross-border collaboration in digital assets, blockchain innovation, and emerging financial technologies.
The agreement was signed in Zug, Switzerland, by Tarik Mattar, Co-Chair of MFTA Bahrain, representing the MENA Fintech Association, marking a significant milestone in strengthening institutional cooperation between two globally recognised fintech ecosystems.
The partnership brings together MFTA’s extensive network across the Middle East and Africa with Crypto Valley’s internationally renowned blockchain ecosystem to foster knowledge exchange, policy dialogue, innovation, and industry collaboration. Together, both organizations will work to facilitate greater engagement between regulators, financial institutions, technology providers, investors, startups, and digital asset innovators across their respective markets.
As blockchain infrastructure, tokenization, stablecoins, and digital assets continue to reshape global financial services, the collaboration aims to promote responsible innovation, regulatory cooperation, and the development of trusted digital finance frameworks. The partnership will also create opportunities for joint thought leadership initiatives, industry roundtables, ecosystem engagement, research, and participation in key international events.
Tarik Mattar, Co-Chair, MFTA Bahrain, commented:
“This partnership between MFTA and Crypto Valley Association marks a powerful convergence of two of the world’s most dynamic innovation ecosystems. MENA and Crypto Valley share a common vision to build the financial infrastructure of tomorrow through collaboration, regulatory excellence, and a commitment to real-world impact. Together, we are opening a new chapter for the Web3, blockchain and fintech communities across both regions, and I look forward to the opportunities this will unlock for our members and the broader industry.”
Nameer Khan, Chairman of the MENA Fintech Association and Founder of Fils, added:
“As digital finance becomes increasingly global, meaningful progress depends on strategic collaboration between the world’s leading innovation ecosystems. Our partnership with the Crypto Valley Association strengthens the bridge between MENA and one of the most established blockchain hubs globally, creating new opportunities for knowledge exchange, policy dialogue, institutional engagement, and responsible innovation. Together, we are building stronger foundations for the next generation of financial infrastructure.”
Through this partnership, MFTA and the Crypto Valley Association will work closely to promote industry best practices, support ecosystem development, facilitate market access, and encourage greater cooperation between public and private sector stakeholders. The collaboration reflects a shared vision of accelerating blockchain adoption while ensuring trust, transparency, and sustainable innovation across global financial markets.