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Eviancx Establishes Global Headquarters in Dubai to Advance Blockchain-Powered Financial Inclusion

by Davit Tsiramua
July 17, 2025
in Business
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Eviancx Establishes Global Headquarters in Dubai to Advance Blockchain-Powered Financial Inclusion
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© Eviancx CEO `Victor Sandoval`

While Dubai shines as a beacon of futuristic finance, a stark reality persists across the wider Middle East and North Africa (MENA) region: millions remain locked out of the traditional banking system. Despite high mobile and internet penetration, complex barriers – from geographic isolation to prohibitive fees and rigid requirements – leave vast populations underserved, hindering economic participation and growth. Today, Eviancx, a blockchain startup that describes itself as focused on financial inclusion, announced a decisive move to bridge this gap, declaring Dubai its official global headquarters following successful regulatory registration.

This landmark achievement isn’t merely a change of address; it’s a strategic commitment to tackling financial exclusion head-on from one of the world’s most progressive fintech hubs. Eviancx reports that it has aligned with local regulatory frameworks to support its operational goals in the region.

According to CEO Victor Sandoval, Dubai provides the regulatory clarity, cultural openness, and advanced technological infrastructure that enable Eviancx to fully realize and scale its vision. “It’s the ideal launchpad for our next era,” he adds.

Reimagining Access to Finance

At its core, Eviancx is trying to answer one of the most important questions of our time: What does it take to make finance truly inclusive?

The company’s answer lies in decentralization. Its blockchain-based platform enables users—regardless of their geography, income, or education—to engage in decentralized savings, micro-investments, staking, and peer-to-peer transactions. These tools are designed with real people in mind: a farmer in Colombia, a small shopkeeper in Morocco, or a migrant worker in the UAE trying to send money back home.

This human-first approach was honed in Latin America. The company reports that its pilot programs in Latin America helped expand access to blockchain-based financial tools for underserved users. Now, with Dubai as its global base, the company is adapting those learnings for a broader audience in the Middle East and North Africa (MENA) region.

Eviancx LLC Dubai Launches $200B Gold-Backed Security Token to Lead the Future of Digital Assets

Eviancx LLC Dubai, led by Victor Sandoval, announces a gold-backed security token offering supported by mineral rights in British Columbia. With 200 million tokens priced at $1,000 each, the asset will be locked for five years, ensuring long-term investor security and trust.

Token Launch to Catalyze User Participation

A key component of Eviancx’s next phase is the launch of its native token in October 2025. But this isn’t just a play for market visibility—it’s a structural upgrade to how communities engage with the platform.

The token will power every layer of the ecosystem: enabling real-time transactions, offering staking options for passive earnings, and functioning as a governance tool for community-driven decisions. This model is designed to increase user engagement, enabling participants to contribute to platform governance and earn through decentralized staking features. It will allow users to shape the direction of the platform, rather than being passive consumers.

“This is where decentralized finance becomes personal—when individuals are no longer just consumers of financial tools, but co-creators of the ecosystem,” Sandoval explained.

Unlike speculative tokens that flood the market with little real-world utility, the Eviancx token is designed with everyday users in mind. It’s meant to support meaningful economic activity—buying, saving, investing—and offer governance mechanisms for platform evolution.

© Eviancx CEO `Victor Sandoval`

Localization That Goes Beyond Translation

One of the company’s strengths lies in how it localizes its offerings. Instead of simply translating its app into Arabic or adjusting payment methods, Eviancx is engaging deeply with local customs, laws, and languages. It’s integrating Arabic-language tutorials, culturally sensitive interfaces, and blockchain literacy campaigns to meet users where they are.

Workshops, digital literacy sessions, and fintech incubator partnerships are being rolled out across the region. These initiatives are designed not just to introduce blockchain tools, but to educate users about how to use them responsibly—especially those new to digital finance.

“We’ve always believed that decentralization is about more than technology—it’s about inclusion,” said Sandoval. “And inclusion only happens when tools meet people where they are: in their language, in their context, and on their terms.”

Tackling Remittance Inefficiencies

A major opportunity lies in remittances, a lifeline for millions across the MENA and South Asian diaspora. In the UAE alone, billions of dollars flow out each year as migrant workers send money to families abroad. But existing systems are plagued by high fees, delays, and a lack of transparency.

Eviancx is introducing blockchain-powered remittance solutions aimed at drastically lowering costs and speeding up transfers. These tools are designed to eliminate intermediaries, reduce fraud risks, and ensure that more of the sender’s money reaches its intended destination—securely and immediately.

Partnerships for Long-Term Impact

True to its ethos of co-creation, Eviancx is not going it alone. The company is forming alliances with NGOs, compliance experts, Islamic finance institutions, and regional regulators to ensure that its tools not only function legally, but also ethically.

This collaborative model has already proven effective in Latin America, where Eviancx worked with government bodies and civil society groups to create compliant and relevant products. In Dubai and the broader Gulf region, these partnerships will ensure its offerings reflect regional values—especially important in Islamic banking contexts.

Additionally, the company is exploring options for Shariah-compliant fintech products and consulting with advisors to align with Islamic finance principles. These solutions will be rolled out alongside conventional offerings to provide choice without compromise.

Regulation as Opportunity

Unlike many tech startups that treat regulation as a barrier, Eviancx embraces it as a blueprint for sustainability. The company’s legal team, drawing on experience from Latin American jurisdictions, is now adapting best practices to fit the socio-legal realities of the UAE and surrounding countries.

This includes working with policy think tanks, engaging in regulatory sandboxes, and offering feedback on proposed crypto and fintech legislation.

Financial Literacy as a Strategic Pillar

Perhaps most importantly, Eviancx understands that access to tools is meaningless without the knowledge to use them. To that end, the company has launched a broad-based financial education campaign aimed at both individual users and small businesses. This includes in-person community workshops, business-focused webinars, and a growing library of explainer videos tailored for first-time crypto users.

“Financial inclusion isn’t a box we check—it’s a responsibility we carry,” said Sandoval. “Technology can create access, but trust comes from education and ethical design. That’s the difference between hype and impact.” As the October token launch approaches and Eviancx deepens its local footprint, the message is unmistakable: this is not just a tech company expanding—it’s a mission taking root.

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