Emirates News Agency – Two digital asset infrastructure companies launch in Abu Dhabi

ABU DHABI, 6th April, 2023 (WAM) — Zero Two, an Abu Dhabi-based digital asset infrastructure company, has started operations to cater to the growing interest in Web3 technologies and its ecosystem. The company provides comprehensive end-to-end digital asset infrastructure solutions, including power infrastructure development, procurement and testing of latest generation technologies, data center construction and operation, and digital asset management services. Zero Two aims to be a trusted partner for companies seeking to benefit from the innovative scope and transformative potential of digital assets.

As the digital economy continues to evolve, digital assets have the potential to improve visibility, transparency, coordination, and information sharing across corporate boundaries, addressing structural challenges and improving operational efficiency. Zero Two was established to operate and invest in best-in-class technology to accelerate and support the region’s digital assets and Web3 ecosystem, which includes concepts such as decentralization and token-based economies.

Zero Two will also play a key role in supporting the stabilization of Abu Dhabi’s grid, while contributing to the UAE’s net zero commitment and transition to a sustainable and decarbonized economy. The company will use the excess power to operate its state-of-the-art data center in Abu Dhabi during low demand seasons, further supporting the resilience of the local grid.

Ahmed Al Hameli, CEO of Zero Two, said: “Zero Two offers a comprehensive business model that addresses rapidly emerging needs with a clear commitment to the highest security and compliance standards. We believe our products will not only Meeting the needs of our clients, but also exceeding their expectations, due to the various benefits that can come from deploying distributed ledger technology.”