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Dubai’s State-Owned Bank Launches Crypto Services Through Digital Subsidiary Called Liv

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UAE NBD, the state -owned bank in Dubai, has started providing encryption trading services through the LIV Bank of the Digital Bank. One of the main factors that lead this is the increasing interest of thousands of millennium and General Z in alternative assets, including private stocks, private debts, real estate, and infrastructure.

On March 6, 2025, Bank Bank, Aquanow, and Zodia Custody released a joint advertisement in Bloomberg’s article on their cooperation. Aquanow is a Crypto asset service provider registered with the Dubai Virtual Assets Regulatory Authority (VARA), while Zodia Nursery brings specially designed asset custody solutions.

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LIV Bank expands to encryption, trade and custody services now on the LIV X platform

On March 5, 2025, the Digital Bank provided encryption trading features, enabling the retail customers in the United Arab Emirates to circulate five main encrypted currencies, including Bitcoin, Ether, Solana, XRP and Cardano.

“The launch of this offer with the UAE NBD is a decisive moment of digital assets in the United Arab Emirates and abroad,” said Aquanow Phil Sham.

LIV also provides nursery services for its users through the Zodia nursery on the LIV X.

“Providing an encrypted currency on LIV X is the next step towards the comprehensive vision of the Labeva being a leader in innovation and excellence,” said Marwan Hadi, head of the Emirates Group in NBD.

Try Liv Bank with Crypto last May when the real world assets (RWA) began to its customers in partnership with the distinguished code company Ctrl Alt.

At that time, Hadi said, “LIV is the first bank in the United Arab Emirates to explore the offer of investment opportunities in the real world of clients, and we are pleased to share its partner with the leading infrastructure provider such as CTRL Alt for this initiative.”

Explore: “You will be able to do more coded coin more than Dirham and Dollar.”

UAE Cracking Strategy NBD advanced NBD

The UAE’s broader interest in Bitcoin and Blockchain technology is compatible with the Bank LIV input for encryption trading. The bank has previously experienced Blockchain and its applications on its business, especially commercial financing.

The UAE NBD previously worked with the Dubai Chamber of Commerce on a commercial financing group in 2019. Recently, the UAE NBD has given priority to the distinguished deposits of the cross -border payments. R.A bank partner with Partior, a DLT payment network founded by DBS, JP Morgan, Standard Chartered and Temasek, to facilitate across border payments.

Partior and emirates NBD focus their cooperation on exploring potential participation rather than firm commitment. However, if you move forward, the UAE will be NBD as a network of network settlement in the United Arab Emirates, dirhams, Saudi Arabia, and Indian Rubia. In addition, it will serve as a participant bank for other currencies, as it takes advantage of the network banks to facilitate the immediate payments across the border for their customers.

The latest battle of the bank in the retail trade comes at a time when the encryption sector in the United Arab Emirates is witnessing tremendous dependence, while downloading local encryption applications in a 41 % increase last year.

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Main meals

  • LIV Bank launches encryption and custody trade with Aquanow and Zodia Custody.

  • Millennium generation and Gen Z Drive retail investment in digital assets in the United Arab Emirates

  • Increased encryption operations in the United Arab Emirates, with the increased local encryption application downloads by 41 % last year.

The state -owned bank appeared in Dubai, launching encryption services through a digital subsidiary named LIV for the first time on 99bitcoins.

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