Friday, 11/07/2025 | 13:37 GMT by
Tareq Sikder
- The new project will serve as a hub for Forex brokers, IBs, and asset managers.
- Niki Saki has concluded her six-month tenure as CEO of MEX Orient.
Niki Saki has stepped down as Chief Executive Officer of MEX
Orient. She shared the update in a LinkedIn post today (Friday), confirming the end of her
involvement with the project. Saki served as Chief Executive Officer of MEX
Orient for six months, based in Dubai.
MEX Orient was launched by MultiBank
Group to expand into underdeveloped markets, focusing on Central Asia, the
Middle East, and North Africa. The unit was led by Saki and
aimed to manage region-specific operations.
In the announcement, she thanked the MultiBank team for
their trust and collaboration but did not elaborate on the reasons for her
departure.
Now a former CEO of MEX Orient, Saki plans to focus on new
initiatives. She introduced one of them, a platform called Fuchase, describing
it as “a specialized marketplace designed for institutional financial
organizations, providing a platform where they can connect with Tier 1 and Tier
2 liquidity providers , fintech firms, banks, hedge funds, and wealth management
companies.”
The platform will offer structured solutions and expert
advisory services to help organizations explore, compare, and select offers
suited to their needs.
Saki said Fuchase will serve Introducing Brokers, Forex
brokers, and investors, offering access to advanced tools for financial
operations. She added that the platform aims to support the performance and
growth of financial institutions globally. Details of a second project are
expected in the coming months.
MultiBank, MAG Partner for Asset Tokenization
Meanwhile, MultiBank
has partnered with Dubai-based MAG and blockchain firm Mavryk in a $3
billion agreement to tokenize real estate assets. The initiative, led through
MultiBank.io, involves bringing high-value properties onto the blockchain.
MultiBank.io is operated by MEX Digital FZE, which recently
obtained a Virtual Asset Service Provider license from Dubai’s VARA. The
license allows certain virtual asset activities and supports the platform’s
infrastructure. A utility token, $MBG, will be used for access and transactions
within the digital investment ecosystem.
Niki Saki has stepped down as Chief Executive Officer of MEX
Orient. She shared the update in a LinkedIn post today (Friday), confirming the end of her
involvement with the project. Saki served as Chief Executive Officer of MEX
Orient for six months, based in Dubai.
MEX Orient was launched by MultiBank
Group to expand into underdeveloped markets, focusing on Central Asia, the
Middle East, and North Africa. The unit was led by Saki and
aimed to manage region-specific operations.
In the announcement, she thanked the MultiBank team for
their trust and collaboration but did not elaborate on the reasons for her
departure.
Now a former CEO of MEX Orient, Saki plans to focus on new
initiatives. She introduced one of them, a platform called Fuchase, describing
it as “a specialized marketplace designed for institutional financial
organizations, providing a platform where they can connect with Tier 1 and Tier
2 liquidity providers , fintech firms, banks, hedge funds, and wealth management
companies.”
The platform will offer structured solutions and expert
advisory services to help organizations explore, compare, and select offers
suited to their needs.
Saki said Fuchase will serve Introducing Brokers, Forex
brokers, and investors, offering access to advanced tools for financial
operations. She added that the platform aims to support the performance and
growth of financial institutions globally. Details of a second project are
expected in the coming months.
MultiBank, MAG Partner for Asset Tokenization
Meanwhile, MultiBank
has partnered with Dubai-based MAG and blockchain firm Mavryk in a $3
billion agreement to tokenize real estate assets. The initiative, led through
MultiBank.io, involves bringing high-value properties onto the blockchain.
MultiBank.io is operated by MEX Digital FZE, which recently
obtained a Virtual Asset Service Provider license from Dubai’s VARA. The
license allows certain virtual asset activities and supports the platform’s
infrastructure. A utility token, $MBG, will be used for access and transactions
within the digital investment ecosystem.
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
- 1645 Articles
- 26 Followers
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