"Dubai to Host MEBA 2025: Celebrating Blockchain's MENA Rise"

Dubai, the bustling metropolis of the United Arab Emirates, is set to host the second edition of the Middle East Blockchain Awards (MEBA) on April 29, 2025. The event, coinciding with the TOKEN2049 conference, will take place at the iconic Jumeirah Burj Al Arab, bringing together industry leaders, innovators, and visionaries to celebrate achievements in blockchain and cryptocurrency.

MEBA 2025 arrives at a pivotal moment as the Middle East and North Africa (MENA) region experiences rapid blockchain adoption. According to Chainalysis, the region ranks as the seventh-largest cryptocurrency market globally, with an estimated on-chain value of $338.7 billion between July 2023 and June 2024, accounting for 7.5% of the global transaction volume.

The United Arab Emirates (UAE) has emerged as a global leader in digital asset adoption, ranking third worldwide in digital currency usage, as per Henley & Partners' latest report. Chainalysis data reveals that the UAE received approximately $34 billion in cryptocurrencies between June 2023 and July 2024, experiencing a robust 42% year-on-year growth. This growth is driven by the country's progressive approach to blockchain technology, with cities like Dubai establishing themselves as key innovation hubs.

Max Palethorpe, Founder and CEO of Hoko Group, the official organizers of MEBA, commented, "The Middle East Blockchain Awards provides a unique platform to recognize the incredible achievements that are driving the next wave of innovation in blockchain and digital transformation. With the UAE leading the charge in the Web 3.0 revolution, it's inspiring to see industry leaders coming together to shape the future of this dynamic industry. This year's event promises to be a true celebration of the pioneers who are pushing boundaries and setting new standards."

Returning as a judge for the second consecutive year, Dr. Marwan Al Zarouni, CEO of AI for Dubai Department of Economy and Tourism and CEO of Dubai Blockchain Centre (DBCC), added, "I am thrilled to be part of the judging panel once again and witness the rapid evolution of blockchain technologies in the MENA region. With the UAE at the forefront of this transformation, the government's forward-th