Maldives Unveils $8.8 Billion Blockchain Hub in Partnership With Dubai’s MBS Global
The Maldives government has forged a strategic alliance with Dubai-based MBS Global Investments to establish an $8.8 billion blockchain and crypto innovation center in Malé. Slated for completion by 2030, the project aims to position the island nation as a global financial hub while boosting its GDP.
President Mohamed Muizzu framed the Maldives International Finance Centre (MIFC) as a transformative economic engine, stating it will thrive in harmony with nature. Projections suggest the initiative could generate over $1 billion in annual revenue within five years of operation.