Bitcoin Magazine Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake in the iShares Bitcoin Trust (IBIT), according to a 13F filing released today. The fund reported holding 8,726,972 shares as of March 31, 2025, an increase from 8,235,533 shares […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin
Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move Read More »
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s
Circle secures USDC regulatory nod in Abu Dhabi, enters tech ecosystem Read More »
Key Notes USDC parent company Circle can now operate as a money services provider in Abu Dhabi. The company is not yet fully licensed to operate but is considered compliant with existing regulations. Its expansion in the UAE also features an earlier approval from the Dubai Financial Services Authority (DFSA). . Circle Internet Financial, the
Circle Secures Abu Dhabi Approval Amid Global Expansion Read More »
Abu Dhabi is stepping up its ambitions in the digital asset space, with three of its largest institutions joining forces to launch a new dirham-backed stablecoin. Sovereign wealth fund ADQ, conglomerate International Holding Company (IHC) and First Abu Dhabi Bank (FAB) announced on Monday that they are developing a digital token that will be subject
Abu Dhabi’s Financial Titans Step Up Crypto Push With Stablecoin Project Read More »
