Citigroup

Crypto Oasis Ecosystem Report 2023: Identifies 1,800+ Organisations in the Thriving UAE Web3 Space

Over 8,650 individuals currently contribute to the thriving Crypto, Blockchain, Metaverse, and Web3 Ecosystem of the UAE Highlights Get an in-depth look at the world's fastest growing Blockchain ecosystem in the newly launched spring edition of the report at the Dubai FinTech Summit 2023 The report provides a comprehensive breakdown of the ecosystem's main elements, including Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates, and Education & Research Of the total number of organisations, native ones make up 70.24% (1,270 organisations), while non-native ones account for

Update: Huya and DouYu form Special Committees to Evaluate Tencent’s Merger Proposal

Update: The boards of directors of Huya and DouYu formed special committees to review and evaluate Tencent’s proposed stock-for-stock merger of the two Chinese live-streaming platforms. DouYu’s special committee consists of independent directors Zhaoming Chen, Xi Cao, Xuehai Wang, and Zhi Yan. The committee has retained Morgan Stanley Asia as its financial advisor and Davis Polk & Wardwell LLP as its U.S. legal counsel in connection with its review and evaluation of the proposed business combination. Huya’s special committee includes independent directors Hongqiang Zhao and Tsang Wah Kwong. The committee