Lithuania’s UPay Technology and Singapore’s Safeheron Sign Strategic Pact at Abu Dhabi Digital Asset Forum
Lithuania-based UPay Technology LTD has announced the signing of a strategic Memorandum of Understanding (MoU) with Singapore-based Safeheron. The agreement was finalized on the sidelines of the Stablecoin and Digital Asset Innovation Forum 2026, hosted by the Abu Dhabi Global Market (ADGM) Academy in the UAE capital, Abu Dhabi.
The agreement marks the beginning of a long-term strategic collaboration between the two firms. It merges Safeheron’s institutional-grade self-custody and digital asset security infrastructure with UPay Technology’s expertise in payment solutions and financial technology, paving the way for more secure and efficient digital financial services.
The partnership focuses on bridging digital asset protection and management technologies with real-world payment applications. This integration aims to empower businesses, merchants, and institutions to expand their use of digital assets in daily transactions, fostering broader adoption across diverse markets.
Through this cooperation, both companies seek to deliver an integrated operating environment that combines institutional-grade security and advanced technical infrastructure with practical, commercially viable payment solutions. This is expected to bolster corporate confidence in integrating digital assets into standard financial workflows.
A Thriving Digital Asset Ecosystem
This development comes at a time when the UAE’s digital asset sector is experiencing rapid evolution. Fueled by advanced regulatory frameworks and progressive initiatives, the country is actively transitioning digital assets from mere investment vehicles into practical mediums for payment and financial settlement, solidifying its status as a regional and global hub for fintech innovation.
The MoU signing ceremony was featured by The National newspaper as part of its ongoing coverage of the UAE's transformation from digital asset adoption to the expansion of its actual use cases in payments and financial services—a clear indicator of growing international interest in the UAE as a launchpad for digital economy solutions.
Both companies emphasized that the future of digital finance relies on building secure infrastructure, developing practical applications that meet market needs, and fostering collaboration between technology providers and financial institutions to accelerate the shift toward a more efficient and sustainable digital economy.