The second Dubai edition of Token2049, held from April 30 to May 1, transformed the UAE into a global hub for the Web3 ecosystem by bringing together leading industry figures, innovators, and investors to discuss the future of Web3. Fastex participated as a platinum sponsor, showcasing its expanding Web3 ecosystem, including the YoWallet crypto-custodial wallet and its preferred Bahamut blockchain, which employs the innovative proof-of-stake-and-activity (PoSA) consensus mechanism. Ahead of the main event, on April 29, Fastex co-hosted a specialized legal and compliance breakfast with Solidus Labs and compliance expert Delphine Forma at Dubai Mall’s ftNFT Phygital Space. This forum facilitated key discussions among crypto regulatory experts on challenges and frameworks vital for sustainable industry growth. Fastex’s chief legal officer and board member, Vardan Khachatryan, delivered a keynote titled “DeFi and the Law: What Regulation Should — and Shouldn't — Do in a Decentralized World, ” emphasizing the need for balanced regulation that fosters DeFi innovation without overregulating. Khachatryan also engaged in strategic talks with representatives from Near Protocol, Tezos, and Nansen to explore harmonizing innovation with regulatory requirements. At the Future Confidence conference within Token2049, Fastex unveiled a suite of products and initiatives pushing blockchain boundaries, including YoHealth—a health-promoting app; YoPhone and YoSIM, marking its telecom sector expansion; and YoBlog, a platform for Web3 community engagement.

Additionally, Fastex launched the Bahamut Grants program to stimulate innovative blockchain projects and introduced PercentMe, a DeFi lending and borrowing platform built on Bahamut blockchain technology. Adding star power, global football icon and former Manchester United player Patrice Evra, now YoHealth brand ambassador, made a notable appearance at the Fastex booth, engaging attendees and enhancing promotion of YoHealth. The event’s energy peaked at the exclusive LONGITUDE gathering, co-hosted by Fastex and Cointelegraph at Hilton Dubai Palm Jumeirah, which brought together 350 blockchain industry guests for dynamic networking and meaningful discussions. Overall, Fastex’s strong presence at Token2049 Dubai 2025 underscored its commitment to innovation, thoughtful regulation, and collaborative efforts to deliver tangible value to stakeholders and the broader Web3 community. Learn more about Fastex. Disclaimer: Cointelegraph does not endorse any content or products mentioned. While this sponsored article aims to provide important information, readers should conduct independent research before making decisions and bear full responsibility for their actions. This article is not investment advice.