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Trescon marks 10 years building MENA government-backed platforms

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Trescon marks 10 years building MENA government-backed platforms

Trescon marks 10 years, delivering 500+ government-backed events and scaling from Bengaluru to Dubai-led MEASA expansion.

Summary

  • Founded in 2016 in Bengaluru, Trescon now runs 500+ events across 10+ countries, connecting 250k+ attendees and 3.5k+ investors.
  • Dubai FinTech Summit under Dubai Future Finance Week has grown past 9,000 participants, cementing Trescon as a key DIFC partner.
  • The firm is expanding from Dubai into Riyadh, Saudi, ASEAN and African markets with new AI, cybersecurity, STEM and deeptech platforms.

Trescon, a business events company, has marked its 10-year anniversary as a provider of government-backed business platforms in the Middle East and North Africa region, the company announced.

The company was founded in Bengaluru in 2016 by Mohammed Saleem, Mithun Shetty and Swarnavo Roy, according to company records. Trescon established its UAE office in 2021, designating Dubai as its regional headquarters.

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The firm currently manages four events within Dubai Future Finance Week, organized by the Dubai International Financial Centre (DIFC): Dubai FinTech Summit, Future Sustainability Forum, Future Islamic Finance Forum, and Reg3 Forum, according to the company.

The Dubai FinTech Summit has grown to more than 9,000 participants, according to event data. Trescon has also provided services for government initiatives including the World Police Summit organized by Dubai Police and Dubai Future Forum organized by Dubai Future Foundation.

Over the past decade, the company has delivered more than 500 events globally across 10-plus countries, attracted over 250,000 attendees, generated more than 1 million business connections, and engaged over 3,500 investors, according to company figures.

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The company’s leadership team includes Madhukar Dudda, Ummer Shameem, Sanjiv Singh, Anil Kumar, Edward Maben, Christine Davidson, Vimal Bhat and Naveen Bharadwaj, who oversee more than 250 professionals across international offices, according to the company.

“With government-entrusted flagship platforms, delivery must be flawless. At this level, the organiser’s credibility and the government’s reputation are inseparable,” Mohammed Saleem stated.

The company has expanded operations to Riyadh and is pursuing growth in Saudi Arabia, Indonesia, Malaysia, and African markets including Mauritius, according to the announcement. Trescon is developing platforms focused on artificial intelligence, cybersecurity, STEM and deeptech sectors.

“As we enter our second decade, we are scaling that framework across high-growth economies aligned with future technologies, sustainability and capacity building,” Naveen Bharadwaj stated.

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Trescon operates with six business divisions across seven global offices. The company’s portfolio includes managed events under Dubai Future Finance Week, alongside event brands including World AI Show, HODL, DATE, CARE for Sustainability and the World FinTech Show, according to company information.

The company focuses on mid-to-large scale leadership platforms, typically hosting 3,000 to 10,000 senior stakeholders, according to its business model description.

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Crypto World

CFTC Staff Share FAQ on Crypto Collateral

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CFTC Staff Share FAQ on Crypto Collateral

The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year.

In a notice on Friday, the CFTC’s Market Participants Division and Division of Clearing and Risk responded to frequently asked questions that emerged from two staff letters issued in December that established a pilot allowing crypto to be used as collateral in derivatives markets.

The notice reminded futures commission merchants wanting to take part in the pilot that they must file a notice with the Market Participants Division “which includes the date on which it will commence accepting crypto assets from customers as margin collateral.”

The crypto industry has argued that crypto technology is best suited for 24-7 trading and instant settlement, and the CFTC’s guidance in December clarified what tokenized assets can be used as collateral, along with how to value them and calculate how much is needed for a trading position.

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CFTC aligns guidance with SEC

The CFTC made clear its guidance was to align with the Securities and Exchange Commission, as the two agencies work together on a regulatory framework for crypto.

The CFTC said that capital charges, the amount that must be held to cover losses, would be “consistent with the SEC” and that futures commission merchants should apply a 20% capital charge for positions in Bitcoin (BTC) and Ether (ETH), while stablecoins should get a 2% charge.

Source: Mike Selig

The notice added that futures commission merchants taking part in the pilot can only accept Bitcoin, Ether, or stablecoins for the first three months and must give prompt notice of any significant cybersecurity or system issues. They must also file weekly reports of the total crypto held across customer account types.

After the three-month period, other cryptocurrencies can be accepted as collateral and the reporting requirements will end.

Related: SEC interpretation on crypto laws ‘a beginning, not an end,’ says Atkins

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The notice also clarified that “only proprietary payment stablecoins may be deposited as residual interest in customer segregated accounts” and that futures commission merchants can’t accept other cryptocurrencies for that purpose.

The CFTC said that crypto and stablecoins cannot be used for collateral of uncleared swaps, but swap dealers can use tokenized versions of an eligible asset if it meets regulatory requirements and grants the holder the same rights in its traditional form.

Meanwhile, derivatives clearing organizations can accept crypto and stablecoins as initial margin for cleared transactions if they meet CFTC requirements regarding minimal credit, market, and liquidity risks.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

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