Crypto.com Appoints Mohammed Al Hakim as President of UAE Operations

The company continues to expand its presence in the UAE with the recent acquisition of brokerage firm Orion Principals Limited, as well as the launch of its AED Wallet

Dubai, December 18, 2024 — Crypto.com has today announced the appointment of Mohammed Al Hakim as President of its UAE operations, underscoring the company’s commitment to regional growth and diversity. Al Hakim’s hiring marks the first time a GCC and Emirati national takes on this prestigious role, not only within the company but also in the broader cryptocurrency industry. 

As a distinguished leader with over a decade of professional experience, Mohammed Al Hakim brings extensive expertise in business development, strategic partnerships, and financial innovation. His career highlights include spearheading partnerships that drove over $800 million in foreign investments into Dubai, raising millions in sponsorships for UAE government initiatives, and successfully launching pivotal programs aimed at empowering Emirati talent.

Al Hakim currently serves as a member of the prestigious Mohammed Bin Rashid Center for Leadership Development (MBRCLD), participating in its 7th cohort. This program is dedicated to grooming future leaders of the region, aligning closely with his commitment to fostering innovation and leadership in the UAE and GCC.

Previously, Al Hakim held the roles of Director of Corporate Management and Loyalty and Incentives Programs at the UAE’s Ministry of Human Resources and Emiratisation, where he played a key role in achieving strategic objectives. The Ministry was recently honoured with the Mohammed Bin Rashid Government Excellence Award for its achievements in the category of “Best Entity in Partnership and Integration,” a milestone in which Mohammed played a significant role.

The UAE has emerged as a key global hub for digital assets, with over $30 billion in cryptocurrency transactions recorded between July 2023 and June 2024, according to Chainalysis. This positions the UAE as the third-largest crypto economy in the MENA region.

In his new role, Mohammed Al Hakim will oversee Crypto.com’s UAE operations and lead strategic initiatives to expand the company’s presence across the GCC region. Mohammed will collaborate closely with UAE government entities, Blockchain and FinTech initiatives, and GCC council programs to strengthen the region’s leadership in digital transformation and financial innovation.

“We’re really excited to welcome Mohammed Al Hakim to Crypto.com, and appreciate the knowledge, experience and background he will bring to our expanding UAE team,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “We have a number of growth initiatives and exciting product launches in the pipeline for 2025 in the UAE and wider GCC region and we’re delighted to have Mohammed onboard to spearhead these.” 

“I am honored to join Crypto.com at such an exciting time for the cryptocurrency industry,” said Mohammed Al Hakim. “The UAE’s leadership in fostering a forward-thinking regulatory framework has set the stage for exponential growth, and I look forward to contributing to Crypto.com’s mission by driving innovation and delivering exceptional value to our users across the UAE and GCC. This role is an opportunity to give back to my country and region, and I am committed to making a meaningful impact.”

This announcement comes as Crypto.com continues to expand its global and regional footprint, with the recent acquisition of Orion Principals Limited, regulated by the Abu Dhabi Global Market (ADGM), as well as the launch of its AED Wallet, giving users in the UAE fast and seamless deposit and withdrawals in the local currency.  

Earlier in December, Crypto.com also announced a collaboration with Mastercard allowing the company to issue its world-renowned prepaid debit card to eligible users in the GCC region. 

About Crypto.com

Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.