Startale Expands to Abu Dhabi to Scale Regulated Blockchain Infrastructure

ARB-1.37%

Startale Group, the global crypto infrastructure company behind Japan’s largest public Astar Network chain, is taking one of the world’s fastest-growing state-backed crypto ecosystems in

Abu Dhabi

The company was selected as one of 27 firms from more than 2,400 global applicants for the Hub71 Digital Assets Cohort

As part of the program, it will establish operations in the Abu Dhabi Global Market (ADGM), a financial free zone with a regulatory framework for digital assets that has attracted a growing number of blockchain companies.

The move comes shortly after Startale closed a $63 million Series A funding round, where it raised $50 million from Japan’s financial giant SBI Group and $13 million from Sony Innovation Fund

Government-Backed Digital Assets Cohort

The Hub71 Digital Assets cohort is a government-backed accelerator in Abu Dhabi that selects blockchain and crypto companies to operate within the emirate’s regulated financial ecosystem and scale globally under local regulatory frameworks.

Through the program, Startale will set up operations in the Abu Dhabi Global Market (ADGM), the city’s financial free zone that provides a regulatory regime for digital assets and has become a base for a growing number of blockchain firms.

“Abu Dhabi is becoming a key hub for digital assets, and joining this cohort positions us to expand across Eastern and Western markets, working closely with regulators and institutional partners,” said Sota Watanabe, CEO of Startale Group.

Core Projects Across Sony and SBI Partnerships

Startale develops the Soneium blockchain through Sony Block Solutions Labs, a joint venture with Sony Group Corporation

It also works on Strium and stablecoin projects, including JPYSC in partnership with SBI Group, as well as USDSC and the Startale App.

The company’s entry into ADGM places it within a regulatory framework increasingly used by crypto firms seeking formal licensing structures and access to institutional capital.

Operational Plans Under Hub71 Program

Under the Hub71 Digital Assets program, Startale will operate across its core areas: blockchain infrastructure via Soneium and Strium, its application layer through the Startale App, and its stablecoin initiatives USDSC and JPYSC.

The company will send team members to Abu Dhabi and collaborate with regulators, investors, and partners via the Hub71 platform as it grows its presence in the Middle East and beyond.

Why This Matters

By establishing a presence in ADGM, Startale strengthens its ability to extend Japan’s tokenized finance capabilities to international markets while tapping into the Middle East’s expanding digital assets sector.

The move also highlights Abu Dhabi’s push to position itself as a regulated hub for digital assets, competing with jurisdictions such as Singapore and Hong Kong for blockchain firms and capital.

By bringing companies like Startale into its Hub71 ecosystem, the emirate is building a state-backed infrastructure layer for crypto under formal regulatory oversight.

The development reflects a broader shift in the industry toward operating within regulated financial systems rather than offshore crypto environments.

Discover DailyCoin’s hottest crypto scoops today:
Arbitrum Freezes 30,766 ETH Linked to KelpDAO Exploit
TradFi Perpetuals Explode As Traders Chase 24/7 Gold & Oil

DailyCoin’s Vibe Check: Which way are you leaning towards after reading this article?

Bullish Bearish Neutral

Market Sentiment

0% Neutral

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SharpLink Earns 470 ETH in Staking Rewards Last Week

Gate News message, April 21 — SharpLink, an Ethereum treasury company, earned 470 ETH in staking rewards last week, bringing its cumulative staking rewards to 17,850 ETH.

GateNews3m ago

Ethereum Open Interest Falls $2B as Derivative Trading Stalls

Gate News message, April 21 — Ethereum's derivatives market saw a significant deleveraging event over the past week, with traders closing over $2 billion in futures positions. ETH open interest fell to $12.4 billion, according to Coinglass, marking the second major capitulation event in 30 days. ETH

GateNews32m ago

Ethereum Drops Below $2,300, Down 0.64% Intraday

Gate News message, April 21 — Ethereum (ETH) fell below $2,300 intraday, declining 0.64% over the course of the day.

GateNews1h ago

Eightco Holdings Discloses $336M in Total Assets, Including 283.5M WLD and 11,068 ETH

Gate News message, April 21 — Eightco Holdings, a Nasdaq-listed company, disclosed an updated portfolio with total assets valued at approximately $336 million, according to PRNewswire. The holdings include 283,452,700 WLD tokens, 11,068 ETH, a $90 million

GateNews2h ago

Altcoins Surge Back Above $1.3T as Markets Rally After Greenland Crisis Resolution

On January 22, altcoins rebounded nearly 10% to $1.39 trillion due to eased global tensions, with Ethereum leading gains. Despite some volatility, the combined market cap stabilized at $1.32 trillion as other altcoins also showed modest recovery.

Coinpedia2h ago
Comment
0/400
No comments