MultiBank’s MEX Orient CEO Exits, Launches Institutional Finance Platform Fuchase ⋅ Crypto World Echo
Niki Saki has stepped down as Chief Executive Officer of MEXOrient. She shared the update in a LinkedIn post today (Friday), confirming the end of herinvolvement with the project. Saki served as Chief Executive Officer of MEXOrient for six months, based in Dubai.
MEX Orient was launched by MultiBankGroup to expand into underdeveloped markets, focusing on Central Asia, theMiddle East, and North Africa. The unit was led by Saki andaimed to manage region-specific operations.
Fuchase Targets Brokers, Investors Globally
In the announcement, she thanked the MultiBank team fortheir trust and collaboration but did not elaborate on the reasons for herdeparture.
Now a former CEO of MEX Orient, Saki plans to focus on newinitiatives. She introduced one of them, a platform called Fuchase, describingit as “a specialized marketplace designed for institutional financialorganizations, providing a platform where they can connect with Tier 1 and Tier2 liquidity providers, fintech firms, banks, hedge funds, and wealth managementcompanies.”
The platform will offer structured solutions and expertadvisory services to help organizations explore, compare, and select offerssuited to their needs.
Saki said Fuchase will serve Introducing Brokers, Forexbrokers, and investors, offering access to advanced tools for financialoperations. She added that the platform aims to support the performance andgrowth of financial institutions globally. Details of a second project areexpected in the coming months.
MultiBank, MAG Partner for Asset Tokenization
Meanwhile, MultiBankhas partnered with Dubai-based MAG and blockchain firm Mavryk in a $3billion agreement to tokenize real estate assets. The initiative, led throughMultiBank.io, involves bringing high-value properties onto the blockchain.
MultiBank.io is operated by MEX Digital FZE, which recentlyobtained a Virtual Asset Service Provider license from Dubai’s VARA. Thelicense allows certain virtual asset activities and supports the platform’sinfrastructure. A utility token, $MBG, will be used for access and transactionswithin the digital investment ecosystem.
This article was written by Tareq Sikder at www.financemagnates.com.
