TOKEN2049 Dubai: Binance Returns as Title Sponsor With Focus on Web3 Engagement

Gulf Insider

17-04-2025

In a move to further reinforce its footprint in the region's rapidly growing cryptocurrency sector, Binance has announced its participation as title sponsor at TOKEN2049 Dubai. The event, set to be hosted at Madinat Jumeirah, aims to bring together key players across the blockchain and Web3 ecosystem, offering a platform for dialogue, networking, and collaboration.
The announcement comes alongside the launch of Binance's licensed payment services company, BPay in Bahrain, offering fiat services to users in Bahrain. As its operations go deeper in the Middle East's landscape, Binance Bahrain is also keeping its foot on the ground with community and cultural partnerships, such as sponsoring the recent Racing events at the Bahrain Turf Club.
Binance has confirmed its strategic alignment with TOKEN2049, a global conference series for digital asset professionals, by returning as the title sponsor for the upcoming Dubai edition from 30 April to 1 May 2025.
This year's conference is expected to attract global participation, with a focus on the growing influence of the MENA region in the digital asset space. TOKEN2049 will feature a programme of high-profile speakers and discussions around emerging technologies, regulatory trends, and innovation in decentralised finance.
As part of its participation, Binance is reintroducing its dedicated Binance Clubhouse activation—an interactive space located within the conference venue. The Clubhouse is positioned as a co-working and networking environment and will include panel talks, appearances from Binance executives, community-led discussions, and on-site engagement initiatives.
The initiative is designed to encourage dialogue around responsible innovation and global adoption of Web3 technologies. Binance CEO Richard Teng is also scheduled to attend, engaging directly with attendees and the broader blockchain community.
In a statement, Binance described the Clubhouse as a space 'designed for both industry veterans and curious newcomers,' offering opportunities for knowledge-sharing, collaboration, and exploration of the evolving Web3 landscape.
The Binance Clubhouse is expected to host games, giveaways, and informal meetups, making it a flexible environment for those looking to connect with the crypto ecosystem at varying levels of experience. It is one of over 1,500 global events held under the Binance Clubhouse umbrella annually, reflecting the platform's growing role in fostering regional and international crypto dialogue.
The renewed collaboration with TOKEN2049 also underscores Binance's continued efforts to support platforms that focus on education, regulation, and accessibility in the Web3 sector. TOKEN2049's return to Dubai comes at a time when the city is positioning itself as a central hub for blockchain innovation and digital finance in the region.
According to Binance, the partnership with TOKEN2049 is aligned with a broader mission to create spaces where developers, investors, regulators, and users can connect and exchange ideas. The initiative is expected to contribute to the wider adoption of blockchain technologies through increased engagement and industry participation.
BPay Global, a company within the Binance Group, has received a Payment Service Provider (PSP) licence from the Central Bank of Bahrain. The regulatory approval enables the company to offer fiat services to Binance users, including deposits, withdrawals, custody, and other payment-related solutions.
Once fully integrated into the Binance platform in Q2 2025, BPay Global will provide users in eligible countries with access to a fiat e-wallet. This feature will allow users to deposit funds via bank transfers and debit or credit card payments, with custody services also being made available.
The licence marks the first PSP approval granted to a Binance-affiliated company. It allows BPay Global to act as a payment service provider, acquirer, and e-wallet provider. The company is regulated and licensed by the Central Bank of Bahrain as an Ancillary Service Provider.
Tameem Almoosawi, General Manager of Binance Bahrain and BPay Global, stated that the license will support fiat on- and off-ramp capabilities for users. Thomas Gregory, Vice President of Fiat at Binance and Chairman of BPay Global, added that the offering is aimed at providing a more resilient and accessible fiat channel for both consumer and corporate users.
In another regional development, Binance sponsored a recent racing event hosted by the Bahrain Turf Club. The sponsorship forms part of its wider engagement with the Kingdom's cultural and business communities.
The event featured a series of horse races, each named after elements of the Binance ecosystem. These included the Binance Arabian Cup, Mile Cup, Research Cup, Academy Cup, Square Cup, Exchange Cup, Sprint Cup, and the BPay Global Cup. Each cup was themed to represent areas such as research, education, community, trading, and innovation.
The event drew attendance from members of Bahrain's royal family, regulatory officials, and business leaders. Binance representatives were also present, including Tameem Almoosawi, Husain Ghuloom, Abdulla Abusaif, and Bayan Alsayed.
According to Binance, the sponsorship served several purposes: to support a local cultural event, engage with regulatory and governmental stakeholders, and build greater awareness around blockchain applications and education. On-site activations and networking sessions were also part of the initiative.