Skyro has signed a Memorandum of Understanding (MoU) with the global fintech platform Fasset during GITEX Global 2025. The agreement is aimed at developing digital financial solutions in the Gulf region.
The partnership brings Skyro UAE and Fasset together to work on new tools in the field of cross-border financial services. The main focus is on international money transfers for individuals using stablecoins. Such solutions may make transfers between countries faster, safer and more cost-effective.
The signing ceremony was attended by Skyro Co-Founder and co-CEO Arsen Liametov and Fasset Co-Founder and COO Daniel Ahmed, alongside Skyro GCC CEO Roberto Mancone.
As part of the cooperation, the companies plan to explore opportunities to launch international transfer solutions based on digital assets. For users, this may mean more convenient access to cross-border payments, especially in cases where traditional bank transfers remain expensive, slow or complicated.
The parties also intend to pay special attention to cooperation with regional regulators. Skyro UAE and Fasset plan to develop initiatives in line with legal requirements and standards for the responsible implementation of digital financial technologies. This approach is especially important for a market where innovations in blockchain, stablecoins and digital assets require transparent and regulated infrastructure.
The partnership also provides for exploring opportunities in tokenized assets. The companies intend to combine Skyro’s experience in creating user-friendly financial services and credit platforms with Fasset’s technological expertise in blockchain and digital assets. Arsen Liametov views these areas as part of Skyro’s broader strategy to develop modern financial services in international markets.
Skyro GCC CEO Roberto Mancone noted that cooperation with Fasset is an important step toward strengthening the group’s fintech capabilities in the region. According to him, the partnership will make it possible to explore new digital financial ecosystems that are aligned with Skyro’s mission to make financial services more accessible to customers around the world.
The Skyro-Fasset partnership reflects the Gulf region’s broader push toward digital financial transformation – from faster cross-border transfers to wider adoption of digital assets in everyday transactions. For the GCC market, the initiative aligns with a growing agenda around financial inclusion and the development of a modern digital economy.