Metalpha Technology subsidiary partners with Gewan Holding and Zodia Markets

Metalpha Technology (MATH)Holding announced that its wholly owned subsidiary, Metalpha Limited, has partnered with Gewan Holding and Zodia Markets to establish ZMG7, a joint venture aimed at driving the growth of the digital asset market in the Middle East. This milestone partnership marks a significant step in the company’s global expansion strategy and strengthens the UAE’s position as a key hub for digital asset management. Abu Dhabi-based Gewan Holding, renowned for its diverse portfolio of strategic investments across various industry sectors, has long been a driver of innovation in the UAE capital’s financial sector, and beyond. Zodia Markets is a subsidiary of Standard Chartered, a UK bank with a presence largely in emerging markets, such as Asia, Africa and the Middle East. Standard Chartered launched Zodia Markets in 2021 alongside OSL, in a move that highlighted the Bank’s desire to be leaders in the development of global digital-asset infrastructure.