💸 The Maldives just signed one of the biggest investment deals in its history to build a $9 billion crypto and blockchain hub in Malé with support from Dubai’s MBS Global Investments
The goal is to triple the country’s GDP and transform the Maldives into a major player in the global digital economy

🏗️ The agreement was signed on May 4 and is worth more than the Maldives’ entire GDP of $7 billion
Plans include the Maldives International Financial Centre-an 830,000 m² complex for 6,500 residents and 16,000 workers
This will be a tax-free zone for crypto and digital assets, aiming to generate over $1 billion in annual revenue and triple GDP within four years

🌊 The Maldives faces heavy debt, with $1.6 billion due by 2026
This project is seen as a leap toward economic survival and a way to diversify away from tourism and fishing
Finance Minister Moosa Zameer calls it a “jump toward economic survival” and expects the hub to be a new engine for growth