{"id":3602,"date":"2025-05-27T20:08:41","date_gmt":"2025-05-27T17:08:41","guid":{"rendered":"https:\/\/ksa.fintechnews.media\/?p=3602"},"modified":"2025-05-27T20:09:28","modified_gmt":"2025-05-27T17:09:28","slug":"when-points-become-digital-assets-gennius-xyz-and-fuze-push-rewards-tokenization","status":"publish","type":"post","link":"https:\/\/ksa.fintechnews.media\/?p=3602","title":{"rendered":"When Points Become Digital Assets: Gennius XYZ and Fuze Push Rewards Tokenization"},"content":{"rendered":"<p>Dubai, UAE \u2013 Loyalty rewards have long sat idle on corporate ledgers \u2014 expiring quietly, trapped inside walled gardens. A new partnership between Fuze, a prominent digital asset infrastructure firm, and Gennius Global Hub, a rewards tokenization specialist, aims to liberate them, turning once-stagnant points into tradable liquid assets with universal acceptance.<\/p>\n<p>At the heart of this collaboration is a simple idea: rewards should work like money. Through the deal, Fuze\u2019s institutional grade infrastructure, swap and trading technology will be embedded into Gennius\u2019s GMIX One Token platforms. Gennius, for its part, will extend its tokenization engine \u2014 already <a href=\"https:\/\/ksa.fintechnews.media\/2024\/11\/06\/jeel-and-audax-partner\/\" target=\"_blank\" rel=\"nofollow noopener\">transforming loyalty balances across 80 banks<\/a> in 37 countries \u2014 into Fuze\u2019s ecosystem, creating a bridge between traditional banking rewards and the open digital economy.<\/p>\n<p>The numbers already hint at scale. Gennius\u2019 <a href=\"https:\/\/ksa.fintechnews.media\/2024\/06\/04\/sifi-a-saudi-focused-spend-management-platform\/\" target=\"_blank\" rel=\"nofollow noopener\">platforms manage<\/a> 13.2 billion GMIX utility tokens \u2014 equivalent to around $144 million \u2014 from 499 loyalty programs, serving roughly three million active users. In an industry notorious for breakage and customer apathy, these figures mark a rare bright spot.<\/p>\n<p><em>\u201cThis partnership accelerates the convergence of traditional rewards value and next-generation digital assets\u201d\u00a0<\/em>said\u00a0<strong>Mohammed Ali Yusuf (Mo Ali Yusuf)<\/strong>,\u00a0<strong>CEO and Co-Founder at Fuze<\/strong>.\u00a0<em>\u201cTogether with Gennius, we are creating a seamless pathway for millions of users to unlock, spend, and grow their assets globally \u2014 with security and simplicity at the core.\u201d<\/em><\/p>\n<p>The partnership plans to enable users to buy, hold and swap tokenized rewards directly from Gennius\u2019 applications, unlocking access to 150 million online, contactless and Web3-enabled merchants. In theory, a rewards point earned in Dubai could fund a coffee in London, a concert ticket in Vienna, buying anything at Amazon, booking a trip in Expedia, or even a digital collectible traded on a blockchain marketplace.<\/p>\n<p>Unlike traditional loyalty schemes, which encourage spending inside tight circles, Gennius propose a model where rewards float freely, much like any digital currency. The GMIX One Token framework reimagines loyalty points as universal financial instruments \u2014 spendable, tradable, and in the future, perhaps even investable.<\/p>\n<p>\u201cAt Gennius, we believe\u00a0real-world assets\u00a0should be accessible and usable by everyone, everywhere\u201d\u00a0 said\u00a0<strong>Sergio Arana, CPO and Founder of Gennius Global Hub<\/strong>.\u00a0<em>\u201cWe have already internally tokenizing billions in value. Now, with Fuze, we are expanding the power of reward-backed digital currencies across traditional banking, loyalty, and Web3 ecosystems \u2014 connecting value to real-world freedom\u201d<\/em><\/p>\n<p><em>\u201cOf course, ambitions are often limited by regulation and market inertia, and we are working on that in every market. Many banks and merchants have little incentive to see points treated as cash equivalents. <a href=\"https:\/\/ksa.fintechnews.media\/2024\/08\/19\/saudis-mithu-secures-500000-pre-seed-from-adaverse-to-revolutionize-restaurant-loyalty-programs-with-web3\/\" target=\"_blank\" rel=\"nofollow noopener\">Loyalty programs<\/a> were designed, after all, to create stickiness, not liquidity, but that perception is changing quickly as banks see the benefits of hyper-digital engagement from consumer\u201d<\/em><\/p>\n<p>Timing is on the side of this partnership between Fuze and Gennius XZY, with governments scrutinizing\u00a0digital asset innovation\u00a0and consumer protections, and with crypto adoption broadening beyond speculative trading, tokenized rewards could find new legitimacy. If loyalty points are destined to be financial assets, better they be transparent, regulated, and user-controlled. For now, Fuze and Gennius are betting that loyalty will no longer mean loyalty to issuers, but to value itself.<\/p>\n<p>Further announcements, including new co-branded loyalty-to-crypto products and <a href=\"https:\/\/ksa.fintechnews.media\/2024\/05\/29\/sorbet-gets-funding-from-antler-to-revolutionize-the-freelance-ecosystem-in-mena-region\/\" target=\"_blank\" rel=\"nofollow noopener\">regional expansions across the MENA<\/a> region and beyond, are expected in the coming months. As for the old model of locked-up points? Its expiration date may finally be approaching.<\/p>\n<h2><strong>About Fuze<\/strong><\/h2>\n<p>Fuze is MENA\u2019s first-of-its-kind regulated digital assets infrastructure\u00a0provider, offering financial institutions and businesses cutting-edge tools to integrate digital asset services securely and efficiently. Driven by a solutions-based approach, Fuze helps financial services providers to strategise, organise and implement\u00a0digital assets infrastructure\u00a0and quickly, securely launch regulated, world-class products across wealth and payments.<\/p>\n<p>Fuze was founded by an expert team of fintech, traditional finance (TradFi) and decentralized finance (DeFi) leaders, with its co-founders holding extensive knowledge from experience in global hypergrowth businesses: the CEO, Mohammed Ali Yusuf (Mo Ali Yusuf) has held prominent roles at Checkout.com and Visa; Arpit Mehta (COO) was previously in the leadership team at fintech leaders like Simpl and Clear; Srijan Shetty (CTO) built algorithmic trading systems at Goldman Sachs and worked at tech leader Microsoft.<\/p>\n<p>Fuze offers a Digital-Assets-as-a-Service\u00a0infrastructure platform which enables banks and fintechs\u00a0to embed regulated digital assets products in a B2B2C fashion. Additionally, Fuze provides an Over-The-Counter (OTC) service that supports institutions, funds, and HNIs (high-net-worth individuals) in executing large\u00a0digital asset trades securely\u00a0and efficiently.<\/p>\n<p>For more details, visit\u00a0<a href=\"https:\/\/fuze.finance\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/fuze.finance<\/a><a href=\"https:\/\/fuze.finance\/\" target=\"_blank\" rel=\"nofollow noopener\">\/<\/a><\/p>\n<h2><strong>About Gennius XYZ<\/strong><\/h2>\n<p>Founded in 2017, Gennius XYZ is a pioneer in digital engagement and loyalty technology, delivering immersive experiences across eCommerce and Web3 ecosystems. The company specializes in asset tokenization and high-value consumer interactions, serving a broad range of partners including banks, fintechs, digital wallets, OTAs, airlines and more. By combining cutting-edge innovation with a human-centered design approach, Gennius XYZ empowers organizations to unlock new revenue streams, increase customer loyalty, and lead the way in the evolving landscape of digital commerce.<\/p>\n<p>Learn more about Gennius\u2019s approach to reward asset tokenization:\u00a0<a href=\"https:\/\/gmix.io\/whitepaper.pdf\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/gmix.io\/whitepaper.pdf<\/a><\/p>\n<p>For more information, visit\u00a0<a href=\"http:\/\/www.gennius.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">www.gennius.xyz<\/a>\u00a0or reach out to us directly on LinkedIn (link:\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/genniusxyz\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.linkedin.com\/company\/genniusxyz\/<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai, UAE &ndash; Loyalty rewards have long sat idle on corporate ledgers &mdash; expiring quietly, trapped inside walled gardens. A new partnership between Fuze, a prominent digital asset infrastructure firm, and Gennius Global Hub, a rewards tokenization specialist, aims to liberate them, turning once-stagnant points into tradable liquid assets with universal acceptance. At the heart [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[619],"tags":[],"class_list":["post","format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3602"}],"version-history":[{"count":4,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3602\/revisions"}],"predecessor-version":[{"id":3607,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3602\/revisions\/3607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/media\/3603"}],"wp:attachment":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}