Fuze Secures $12.2 Million Series A To Expand Digital Asset Infrastructure

Fuze, known as the fastest-growing digital assets infrastructure provider in the Middle East and Turkey, has confirmed the successful completion of a $12.2 million Series A funding round. The company explained that the round was led by Galaxy, a global name in digital assets and infrastructure, along with e& capital, the investment arm of the international technology group e&.

According to Fuze, its Digital Assets-as-a-Service platform allows financial institutions and businesses across the region to offer regulated digital asset services. The company also operates an Over-The-Counter trading desk and recently introduced a full range of stablecoin infrastructure solutions.

Fuze Will Accelerate Digital Asset Adoption Through Strategic Partnerships

This funding milestone follows the launch of FuzePay, a payment solution designed to support digital asset transactions for regional partners. The company believes the new capital will support further expansion within and outside the region, strengthen product development, ensure stronger compliance, and support the recruitment of top talent.

Mo Ali Yusuf, Chief Executive and Co-Founder at Fuze, explained that the partnership with Galaxy and e& brings valuable experience and networks that will help push the firm’s mission forward. He said the collaboration is expected to simplify digital asset adoption for banks, fintechs, and other institutions.

Leon Marshall, Head of Galaxy Europe, shared his excitement about backing Fuze. He noted that the Middle East is becoming a strong ground for financial innovation, with the United Arab Emirates leading in regulatory efforts. He also highlighted Fuze’s rapid progress in building reliable digital asset infrastructure.

Further Ventures, one of Fuze’s earliest supporters, expressed pride in reaching this funding milestone. Managing Partner Mohamed Hamdy stated that the company continues to show promise as a global force in digital assets and welcomed the new partners as an important part of the journey.

Fuze Wants To Strengthen Global Reach And Financial Innovation

e& Group’s Chief Strategy Officer, Harrison Lung, mentioned the investment aligns with the group’s future vision for financial services. He pointed out that Fuze’s offerings connect well with e&’s fintech projects, including Wio, Careem Pay, and e& money. Lung emphasized the group’s goal of supporting long-term innovation in financial infrastructure.

Since its launch, Fuze has processed over $2 billion in digital asset volume through its platform, stablecoin tools, and OTC services. The company continues to work closely with international regulators and leading financial institutions to deliver trusted digital asset solutions.

Galaxy, the lead investor, described its services as covering trading, asset management, custody, staking, and tokenization. The firm also builds advanced data center infrastructure to meet rising demand for computing and financial innovation across key markets.