PROPERTY developer Northern Star Gaming & Resorts Inc. (Northern Star) and governmentowned Cagayan Economic Zone Authority (CEZA) are pooling in their resources to build Crypto Valley of Asia (CVA), a planned development estate designed to push economic growth further in Northern Luzon.

Crypto Valley of Asia will be home to a new wave of financial technology companies establishing their operations in the Cagayan Special Economic Zone and Freeport. CVA will help foster a thriving eco-system of networked fintech firms.

It will also generate employment for BPOs servicing the global fintech and crypto currency sectors and catalyze the next economic boom destined to spread from Cagayan Valley to the rest of Northern Luzon.

Built with the Sierra Madre Mountain Range as a backdrop, Phase 1 of CVA consists of a 25shop housing development inside the cyberpark developed in compliance with the strict security requirements of licensed OVE’s locating in CEZA. It will showcase services and amenities such as co-working and living spaces, business incubation and acceleration hubs as well as back offices of overseas virtual exchanges (OVEs) and service providers to the global crypto space.