Cryptocurrencies, Dubai, Web3

The Dubai edition of Token2049, held for the second time this year, brought the pulse of the Web3 ecosystem to the United Arab Emirates between April 30 and May 1. Turning the heart of the desert into the global epicenter of crypto, Token2049 brought together prominent industry figures, innovators and influential investors to explore what’s next for the Web3 space.

Participating as a platinum sponsor, Fastex was among the influential players supporting the major gathering. Fastex’s expanding Web3 ecosystem was in the limelight throughout the event, including the YoWallet crypto-custodial wallet and Fastex’s preferred Bahamut blockchain, which operates with the innovative proof-of-stake-and-activity (PoSA) consensus mechanism.

A prelude of compliance and legal dialogue

A day prior to the main event, Fastex co-hosted a specialized legal and compliance breakfast event on April 29 alongside Solidus Labs and compliance expert Delphine Forma. Held at the innovative ftNFT Phygital Space in Dubai Mall's Chinatown, this gathering served as a crucial forum for crypto regulatory experts and compliance specialists to debate challenges and frameworks critical to the industry's sustainable growth.

Vardan Khachatryan, Fastex’s chief legal officer and board member, further amplified the company’s influence through his keynote speech on the IO.NET main stage, titled “DeFi and the Law: What Regulation Should —and Shouldn't— Do in a Decentralized World.”

Khachatryan underscored the delicate balance regulators must maintain, cautioning against overregulation while urging lawmakers to adopt frameworks conducive to DeFi innovation and growth.

Aside from his stage performance, Khachatryan also held strategic discussions with representatives from Near Protocol, Tezos and data analytics platform Nansen, exploring the balance between innovation and regulatory alignment.

Innovations unfolded at Token2049

Fastex took center stage at the Future Confidence conference, unveiling a comprehensive suite of products and initiatives aimed at pushing the boundaries of blockchain technology. Among the highlights was the launch of YoHealth, an application promoting healthier lifestyles; YoPhone and YoSIM, signaling Fastex’s strategic expansion into telecom; and YoBlog, a new way to share and connect with the Web3 community.

Further strengthening the ecosystem, Fastex announced the Bahamut Grants program designed to stimulate innovative blockchain projects. Accompanying this was the introduction of PercentMe, a decentralized finance (DeFi) lending and borrowing platform built upon the Bahamut blockchain technology.

Patrice Evra brings star power to the booth

Global football icon and former Manchester United star Patrice Evra, now YoHealth brand ambassador, made an impactful appearance at the Fastex booth, interacting enthusiastically with attendees and endorsing the YoHealth initiative. His arrival brought extra buzz to the Fastex booth, drawing crowds and adding vibrant energy to the scene.

High-level industry networking

The excitement only ramped up at the exclusive LONGITUDE event, jointly hosted by Fastex and Cointelegraph at Hilton Dubai Palm Jumeirah. Bringing together 350 industry guests from across the blockchain sphere, the evening offered a melting pot for dynamic exchanges, strategic networking and thought-provoking discussions. A key message from the LONGITUDE panel.

From bold ideas to real-world impact, Fastex made its presence felt at Token2049 Dubai 2025. With a strong focus on innovation, regulation and meaningful collaboration, Fastex reinforced its commitment to driving real value for stakeholders and the broader Web3 community.

Learn more about Fastex

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.