Latvia Is Preparing the First Unified Sales Pitch to Approach Web 3.0 Companies
by Fintechnews Baltic April 15, 2024The Ministry of Economics of Republic of Latvia and the Latvian Blockchain Association have started cooperation to prepare a joint offering for international blockchain and financial technology companies.
As a result, for the first time, Latvia’s country booth will placed at the prestigious “Token 2049” conference, which will take place in mid-April in Dubai.
In preparation for the “Token2049” conference, both organizations are developing a joint presentation on Latvia’s advantages and offerings for blockchain, financial technology, and WEB 3.0 industry companies. This will be the first conference of its kind where Latvia will have a coordinated and unified sales pitch, done by the industry and the public sector representatives.
Viktors Valainis
“The cooperation initiated by the Ministry of Economics and the Latvian Blockchain Association is a significant step to promote the opportunities of Latvian companies in the international blockchain, financial technology, and WEB 3.0 market. At the same time, Latvia is demonstrating its commitment to being at the center of global attention in blockchain and financial technology, which has the potential to contribute to the long-term development of our country’s economy and technology sectors,”
acknowledges Minister of Economics Viktors Valainis.
“Token2049” is one of the most popular conferences in the blockchain and WEB 3.0 industry, which will take place in Dubai from April 18 to 19. The event usually attracts more than 20,000 attendees and involves approximately 5,000 companies from around the world.
Reinis Znotiņš
“We are very pleased to have the opportunity to create the first unified Latvian offering for the international WEB 3.0 market together with the Ministry of Economics. 2024 is an important milestone as the European Commission’s regulation on crypto assets will come into effect. This means that leading companies in the industry are currently looking for countries to align their future ambitions with. The fact that Latvia’s offering is developed and represented at the conference by both the public sector and industry representatives is a big plus. The interest and good cooperation between the state and local industry professionals are factors that blockchain and financial technology companies consider to be very important when choosing a country to potentially develop their business,”
explains LBAA Executive Director Reinis Znotiņš.
Featured image credit: edited from freepik
