11 August 2025 | Monday | News
Picture Courtesy | Public Domain
NWTN Inc., a UAE-backed technology company specializing in smart mobility, intelligent manufacturing, and smart contract solutions, announced a strategic memorandum of understanding with UAE-based digital finance provider Changer.ae. Under this initiative, NWTN strives to become the first manufacturing enterprise in the Middle East to support stablecoin-enabled transactions. This collaboration aligns with the "We The UAE 2031" national vision's objectives to accelerate digital transformation, enhance financial inclusion, and strengthen the UAE's position as a global fintech hub. By integrating stablecoin technology into manufacturing and mobility ecosystems, NWTN aims to advance blockchain adoption and deliver globally competitive digital solutions for regional enterprises.
Integrated Framework for Next-Gen Digital Financial Infrastructure
The partnership leverages Changer.ae's regulated digital asset custody, conversion, and escrow services alongside NWTN's expertise in smart mobility and manufacturing. It will establish a commercial platform integrating stablecoins to bridge traditional industries with blockchain technology across three domains:
Fortifying Trust: Next-Level Compliance and Security for Investor Assurance
NWTN will implement Changer.ae's advanced security suite—including encrypted asset storage, multi-signature wallets, and continuous monitoring—and fully align with ADGM and FSRA requirements. Both organizations will enforce robust KYC/AML procedures to ensure transparent and compliant operations.
NWTN and Changer.ae also plan to explore real world asset tokenization (e.g. industrial equipment, real estate etc. ) to facilitate fractional ownership for global investors. This initiative seeks to attract international capital to the UAE's innovation economy through NWTN's manufacturing network and Changer.ae's digital asset infrastructure.
Wang Hao, CFA, Senior Executive Officer of Changer.ae, said: "NWTN's industrial technological capability pairs seamlessly with Changer's regulated digital asset platform. Our shared vision will advance the UAE's financial ecosystem by offering secure, compliant and innovative digital finance solutions."
Benjamin Zhai, CEO of NWTN, commented: "This partnership represents a critical step in our transition toward technology-driven manufacturing. Integrating stablecoins across mobility, production, and contracts will enhance industry standards and deliver sustainable value."
Fintech Business Asia, a business of FinTech Business Review
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