U-topia Joins The International Chamber of Virtual Assets Through TheBlock’s Startup Program

Dubai, UAE, 29th July 2025, ZEX PR WIRE, U-topia, a technology company working at the intersection of artificial intelligence and web3, has joined the Startup Program of The International Chamber of Virtual Assets (TheBlock), a move that signals the company’s growing footprint in the UAE and its long-term plans to bring its products to public markets.

Founded in 2020 by fintech entrepreneur Emmanuel Quezada, U-topia has spent the past several years building a Web3-native infrastructure layer that blends programmable digital identity, AI automation, and secure asset issuance. Its focus is on helping financial institutions and digital platforms modernize how they handle credit, identity verification, and regulatory controls, without compromising user control or transparency.

“Web3 alone isn’t enough,” said Emmanuel Quezada. “You need intelligence, automation, and compliance built in from the ground up. Our platform uses AI to improve everything from onboarding to fraud detection, while keeping architecture decentralized and programmable.”

Through TheBlock’s Startup Program, U-topia will receive strategic support in licensing, fundraising, and regulatory execution. TheBlock will act as a bookrunner, a role typically reserved for leading investment banks, offering structured access to regional regulators, family offices, and legal advisors in the UAE and beyond.

“We’re proud to welcome U-topia into the Startup Program,” said Farbod Sadeghian, Founder and Executive Chairman of TheBlock. “They’re one of the few teams globally developing real infrastructure at the crossroads of AI and virtual assets. Our job is to help them scale responsibly, with the right licenses, the right capital, and the right institutional partners.”

TheBlock is headquartered in Dubai and operates as the official International Chamber of Virtual Assets, offering capital access, licensing guidance, and full-stack go-to-market support to Web3 and fintech startups. Members benefit from TheBlock’s regulatory network, global investor circle, and physical hubs like TheBlock Tower and TheBlock Decentral at Dubai World Trade Centre.

As part of its trajectory, U-topia has also announced plans to pursue an IPO in Abu Dhabi in the coming years, a step it views as aligned with the region’s strong regulatory framework and long-term support for digital finance innovation. Preliminary discussions with market and legal advisors are already underway.

Emmanuel Quezada, who previously advised financial institutions in Latin America and Europe, says the UAE presents a unique opportunity to launch products that combine compliance and innovation. “The region is serious about building long-term infrastructure. TheBlock isn’t just an accelerator, they’re helping founders build companies that last.”

With growing interest in tokenized finance, real-world asset platforms, and AI-driven compliance tools, U-topia’s entry into TheBlock’s Startup Program comes at a pivotal time for the industry.

About U-topia

U-topia is a UAE based startup working to change the inefficiencies of traditional banking, remittances, and payment networks leveraging the use of AI and Crypto. Follow @UCoinOfficial on X for the latest updates.

About The Block

The Block is the International Chamber of Virtual Assets, connecting founders, investors, regulators, and institutions shaping the future of virtual assets. With a global member base and strategic presence across key markets, The Block provides end-to-end support across business setup, licensing, capital access, infrastructure, and ecosystem growth. The Block serves as a permanent exhibition centre for the virtual asset industry, offering curated pathways for market entry, regulatory engagement, and enterprise collaboration. Follow @TheBlockGlobal on X for the latest updates.