ACET Partners with UAE Royal Office for Blockchain Adoption

ACET ($ACT), a leading blockchain-powered decentralized finance (DeFi) platform, has entered into a strategic partnership with the Royal Office of His Highness Sheikh Ahmed Bin Faisal Al-Qassimi, a prominent member of the United Arab Emirates’ ruling family. This collaboration aims to drive blockchain adoption, accelerate regulatory advancements, and redefine financial innovation on a global scale, with the UAE at the forefront of the digital transformation revolution.

The partnership seeks to integrate ACET ($ACT) into the UAE’s national reserve and establish it as a key digital payment partner in the world’s largest casino resort project. This initiative will enhance ACT’s real-world utility, facilitating its acceptance within the gaming, hospitality, and luxury resort sectors.

His Highness Sheikh Ahmed Bin Faisal Al-Qassimi expressed strong support for the initiative, stating, “We are now entering a new era of the digital economy. The collaboration with ACET ($ACT) marks a significant step toward establishing a modern, reliable, and internationally recognized financial system. ACET ($ACT) possesses immense potential to serve as the cornerstone of the digital payment infrastructure and stand as a stable financial asset for the future.”

This Memorandum of Understanding (MoU) grants ACET ($ACT) several strategic advantages, including official support from the Royal Office, enhancing ACET’s credibility on an institutional level. ACET ($ACT) will be positioned as an official digital payment option in one of the largest casino resort projects globally. The collaboration opens doors for strategic investments and partnerships across multiple sectors, and ACET ($ACT) will receive guidance and assistance in regulatory compliance within the UAE’s financial ecosystem. The Royal Office will also support ACET ($ACT) in blockchain-related projects and digital asset expansion.

Acme Worawat, the founder of ACET ($ACT), emphasized the significance of the agreement, stating, “The backing of the Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi marks a defining moment for ACET ($ACT). This partnership solidifies our legitimacy, expands our global reach, and paves the way for real-world adoption of blockchain technology. With this strategic alliance, we are aligning ourselves with influential stakeholders who share our vision for decentralized finance and blockchain-powered economic solutions.”

The Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi has partnered with the world’s most successful luxury five-star resort and casino group to develop the first-ever casino resort in the Middle East. Located on al Marjan Island in Ras Al Khaimah, this project, valued at over $3.9 billion, will become the UAE’s first legally sanctioned casino, surpassing investments in Las Vegas and setting new standards for luxury gaming and hospitality. The resort will offer ultra-premium luxury hotels, Michelin-starred restaurants, world-class spas and wellness centers, high-end shopping districts, cinemas and entertainment venues, and state-of-the-art convention and event centers. The grand opening is scheduled for 2027, with ACET ($ACT) set to play a crucial role in its financial infrastructure and payment ecosystem.

This partnership underscores the UAE’s commitment to becoming a global leader in blockchain and financial technology. By integrating ACET ($ACT) into mainstream finance, this collaboration bridges the gap between traditional banking and the digital economy—an alignment with the UAE’s vision for economic diversification and technological leadership.

H.H. Sheikh Ahmed Bin Faisal Al-Qassimi is a key figure in the ruling families of Sharjah and Ras Al Khaimah, playing a pivotal role in shaping the UAE’s economic policies and business expansion. He actively fosters strategic partnerships between the UAE and international markets, with extensive experience in trade, real estate, energy, construction, finance, and technology. As Chairman and senior executive in multiple global organizations, he co-founded the Al Qassimi Group of Companies and Investment Co., overseeing multi-sector business operations across manufacturing, tourism, hospitality, and financial services. He is a driving force in attracting international investment to the UAE, further solidifying the nation’s position as a leading global investment hub.

The MoU between ACET ($ACT) and the Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi represents a pivotal breakthrough in blockchain history. With institutional endorsement, real-world adoption, and regulatory collaboration, ACET ($ACT) is set to revolutionize digital payments, investment strategies, and financial innovation in the UAE and beyond. This transformational partnership underscores the power of blockchain technology and paves the way for ACET ($ACT) to become a global leader in decentralized finance.