Commercial Bank International (CBI) has launched CBIx, a wholly owned subsidiary intended to advance 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’s market. Built to operate with agility and autonomy, the entity will serve as a testing facility for projects that connect traditional finance with disruptive technologies, thereby strengthening the UAE’s status as a regional hub for technology and finance. Related: UAE Grants First Virtual Asset License as EmCoin Launches Crypto Platform Independent Platform Targeting Emerging Technologies According to the bank, CBIx was created as a bold and independent venture platform to explore, enable, 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. CBIx Managing Director Ala Aljayyusi stated that the subsidiary’s purpose is to build practical connections between established financial systems and next-generation technologies. He added that the venture’s strategy is to drive transformation through actionable innovation, rather than replicate global market trends. Strategic Partnerships and Early Initiatives Among its first activities, CBIx is working with Qatar National Bank (QNB) to establish a Money Market Fund and collaborating with the Al Farabi Innovation Hub to convert academic research into applied financial solutions. The company is also setting up a corporate venture capital division to invest in high-potential startups, while advancing tokenization projects through a partnership with the Ascend RWA Accelerator. Co-founder Giovanni Everduin noted that CBIx aims to transform experimental concepts into viable financial solutions across both established and emerging markets. He stated that the platform’s efforts extend to AI-powered financial models and products tailored for new digital communities, including the gaming sector. In addition to this sentiment, CBIx is developing next-generation banking models for high-growth sectors, which it has already partnered with the Dubai International Financial Center’s gaming hub to create customized financial products for gaming communities. Through such projects, CBIx seeks to help define the structure of future financial networks while contributing to the UAE’s growing role in global digital innovation. Related: AWS Disruption Knocks Popular Apps Offline as Web3 Resilience Gets Fresh Attention Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.