Commercial Bank International (CBI) has launched CBIx, a wholly-owned subsidiary aimed at driving innovation across artificial intelligence (AI), tokenized assets, Web3, and the global fintech ecosystem.
According to a press release, the program positions CBIx as a central hub for exploring and testing new technologies, financial models and venture opportunities in the UAE market. Built to operate with agility and autonomy, the organization will serve as a testing facility for projects that bring together traditional finance and disruptive technologies, thereby strengthening the UAE’s position as a regional hub for technology and finance.
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An independent platform targeting emerging technologies
The bank said CBIx was founded as a bold, independent venture platform to explore, realize and scale disruptive ideas in banking and financial services. The platform will focus on areas such as AI-driven finance, digital assets, tokenization, and sector-specific financial solutions.
Ala Aljayushi, Managing Director of CBIx, said the objective of the subsidiary is to create a practical connection between the established financial system and next generation technologies. He added that the venture’s strategy is to drive change through practical innovation rather than replicating global market trends.
Strategic partnerships and early initiatives
In its first activities, CBIx is collaborating with Qatar National Bank (QNB) to establish a money market fund and collaborating with Al Farabi Innovation Hub to transform academic research into applied financial solutions. The company is also establishing a corporate venture capital arm to invest in high-potential startups while advancing tokenization projects through a partnership with the Ascend RWA accelerator.
Co-founder Giovanni Everduin said CBIx aims to turn experimental concepts into viable financial solutions in both established and emerging markets. He said the platform’s work extends to AI-powered financial models and products tailored for new digital communities, including the gaming sector.
Adding to this sentiment, CBIx is developing next-generation banking models for high-growth sectors and has already partnered with Dubai International Financial Center’s Gaming Hub to create customized financial products for the gaming community. Through such projects, CBIx aims to help define the structure of future financial networks, while contributing to the UAE’s growing role in global digital innovation.
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