Middle Eastern digital asset startup Fuze has completed a $12.2 million Series A funding round, led by Galaxy and e& capital.

BlockBeats News, May 7th, according to Fortune magazine, Middle East digital asset startup Fuze has completed a $12.2 million Series A funding round, with Galaxy and e& capital co-leading, along with several other investors participating.

Reportedly, Fuze provides "Digital Assets as a Service" (DAaaS) infrastructure, helping banks, payment processors, fintech companies, and traditional businesses in the Middle East, North Africa (MENA), and Turkey regions offer compliant digital asset services to their customers. The company also operates an over-the-counter trading platform specifically designed to facilitate large-scale digital asset transactions.