The UAE continues to strengthen its position as a global hub for digital assets, blockchain infrastructure, and next-generation financial innovation.

The latest cohort joining the Hub71+ Digital Assets Program, powered by CV VC’s Elixir Capital, reflects the sector's growing maturity, bringing together companies building across DePIN, AI infrastructure, tokenized finance, lending, Layer 2 ecosystems, and real-world asset tokenization.

As a CV VC company, Elixir Capital continues to play an active role in supporting high-potential founders building scalable blockchain and digital asset infrastructure with real-world applications.

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Meet the Startups

Meet the six startups joining the latest Hub71+ Digital Assets Program cohort, each contributing to the next phase of blockchain infrastructure and scalable real-world digital asset applications:

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Wingbits

Wingbits is building a decentralized physical infrastructure network focused on aviation data.

The company rewards contributors for running their custom ADS-B receivers that capture real-time aircraft flight data, replacing the legacy volunteer-based model used by incumbent aviation data providers. Through proof-of-location technology and the $WINGS token on Solana, Wingbits creates a transparent incentive system that fairly compensates station operators while tokenizing and monetizing aviation data.

The project has raised $9.2 million so far from leading investors, including Borderless Capital, Tribe Capital, Bullish Capital, and The Spartan Group.

Wingbits represents the growing momentum behind DePIN infrastructure, where token incentives are used to coordinate real-world data networks at a global scale.

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Fortytwo

Fortytwo is building a decentralized network of AI models designed to collectively evolve toward Artificial General Intelligence (AGI). Rather than relying on a single centralized model, Fortytwo distributes intelligence across participant-run nodes, each acting as an AI specialist that collaborates and improves over time. Node performance is recorded on the Monad blockchain, creating transparency and accountability across the network.

The protocol is designed to operate independently of any single entity, with ownership distributed among network participants. Fortytwo has raised $2.3 million so far in pre-seed funding led by Big Brain Holdings.

The company sits at the intersection of decentralized infrastructure and artificial intelligence, two sectors increasingly converging as demand grows for open, composable AI systems.

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Jia

Jia is addressing one of the world’s largest financing gaps through blockchain-based lending infrastructure. The platform connects on-chain capital with micro and small businesses across emerging markets in Africa and Southeast Asia, helping underserved borrowers access financing that is often unavailable through traditional banking systems.

Built on Huma Finance’s PayFi protocol, Jia uses DeFi infrastructure to deliver faster and more accessible lending solutions at scale. The company has raised $4.3 million so far in seed funding led by TCG Crypto.

Jia reflects the broader shift toward practical blockchain applications that solve real economic challenges while expanding financial inclusion globally.

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Craftt

Craftt is building tokenized asset-backed finance infrastructure connecting institutional capital with consumer fintech lenders. The platform tokenizes pools of consumer loan receivables, including Buy Now, Pay Later (BNPL), earned wage access, and installment loans, into senior and junior tranche tokens. This creates on-chain settlement infrastructure with real-time portfolio visibility and non-dilutive warehouse financing for fintech originators.

Alongside its institutional infrastructure layer, Craftt also operates Craftt Pass, a consumer savings application offering borderless yield through treasury-backed stablecoins across more than 180 countries.

Craftt represents the continued evolution of real-world asset infrastructure as traditional credit markets increasingly move on-chain.

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Startale Group

Startale Group is one of the most ambitious infrastructure players in the global Web3 ecosystem. The company is the infrastructure group behind Soneium, the Ethereum Layer 2 blockchain co-developed with Sony Group, alongside Astar Network, Startale App, and USDSC, a USD stablecoin.

With a mission centered on bringing “Web3 for billions,” Startale is focused on bridging blockchain infrastructure with mainstream consumer and entertainment applications.

Soneium has surpassed 500 million transactions since mainnet launch, highlighting the growing demand for scalable consumer-facing blockchain infrastructure. Startale raised $13 million in a Series A led by Sony Innovation Fund in January 2026, following a previous $3.5 million seed round.

The company’s presence within the program further strengthens the UAE’s connection to the next wave of Ethereum infrastructure and large-scale Web3 adoption initiatives. 

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Tokenyze

Tokenyze is simplifying access to tokenization infrastructure for metals and commodities markets. The company enables owners of physical assets such as gold and silver to convert warehouse receipts into audited, programmable digital tokens without requiring blockchain expertise.

Its platform combines tokenization technology, compliance infrastructure, and custody rails designed to unlock liquidity, collateral opportunities, and global market access for physical asset holders. Founded by veterans from Tradewind Markets, Atomyze, Gemini, and Barclays, Tokenyze claims it can launch gold and silver tokens in as little as 30 days.

As institutional interest in real-world assets continues to accelerate, Tokenyze is positioned within one of the fastest-growing sectors of the digital asset industry.

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Building the Next Phase of Digital Assets in the UAE

The latest cohort joining the Hub71+ Digital Assets Program, powered by CV VC’s Elixir Capital, highlights the increasing breadth of blockchain innovation emerging across infrastructure, AI, tokenization, lending, and consumer finance.

Collectively, these companies reflect a broader industry transition toward scalable blockchain applications with measurable real-world utility. Their participation also further strengthens the UAE’s connection to globally significant Web3 infrastructure and digital asset innovation. 

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Through the program, founders gain access to strategic ecosystem support, regional market connectivity, institutional networks, and one of the world’s fastest-growing digital asset hubs.

As the UAE continues to position itself at the center of global digital asset innovation, programs like this are helping attract the builders shaping the next generation of internet and financial infrastructure.

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About Elixir Capital, a CV VC company

Earlier this year, CV VC expanded its presence in the Middle East through the acquisition of Elixir Capital, strengthening our ability to support early-stage founders building across blockchain, AI, and the digital economy from the region.

We're excited to support founders on the ground in the UAE, grow the ecosystem, and work alongside strategic partners such as Hub71 to accelerate the next generation of frontier technology companies.

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As part of this mission, the Elixir Capital team is working alongside Hub71 to power their Digital Assets Program. Participating startups gain access to experienced mentors, tailored growth support, and one of the world's most progressive environments for digital asset innovation. The program brings together ambitious founders building at the intersection of blockchain, digital assets, and emerging technologies, reinforcing Abu Dhabi's position as a global hub for innovation and entrepreneurship.

Find out more about the acquisition in our press release: https://cvvc.com/press-releases/cv-vc-elixir-merge-to-lead-early-stage-uae-frontier-tech-acceleration