Abu Dhabi-based investment manager Lunate, with $110 billion in assets under management, has partnered with hedge fund giant Brevan Howard, which manages …
Abu
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Markets
Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates
by shayaanby shayaanThe Abu Dhabi Securities Exchange (ADX) said on Thursday it is preparing to list the first blockchain-based bond in the Middle East …
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Finance
BipTap and Al Fardan Ventures Partner to Launch Global Digital Bank from Abu Dhabi
by shayaanby shayaanBipTap (a UAE-based crypto-on-ramp solution) and Al Fardan Ventures (the investment division of the Al Fardan Group) signed an MoU (memorandum of understanding) to …
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Adoption
Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF
by shayaanby shayaanAbu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares …
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In a world where crypto firms often clash with regulators, Ripple is choosing a different path, one that’s quietly reshaping the future …
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Regulation
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem
by shayaanby shayaanCircle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, …
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Finance
Abu Dhabi launches new Dirham-backed stablecoin project, backed by major institutions
by shayaanby shayaanAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the …
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Regulation
Abu Dhabi regulator fines crypto firm and its CEO over $12m over unlicensed activity
by shayaanby shayaanAbu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. …
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Analysis
Binance Receives $2,000,000,000 Investment From Abu Dhabi Investment Firm MGX
by shayaanby shayaanThe world’s largest crypto exchange platform by volume is receiving $2 billion worth of investments from a state-owned Emirate investment firm focused …
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Regulation
Abu Dhabi Sovereign Wealth Fund Reports Owning $455,672,040 Worth of BlackRock’s Bitcoin ETF in New SEC Filing
by shayaanby shayaanNew filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin (BTC) …