The fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds
digital asset
Latest in digital asset
alternative assets
New Zealand’s Evolution Stables teams up with Tokinvest for tokenised racehorse leases ahead of Dubai World Cup
Digital syndication enables racehorse owners to lease out stakes while retaining full control and ownership
Blockchain
Dubai real estate: DLD launches new property tokenisation project in Middle East’s first
DLD forecasts that the real estate tokenisation sector will reach AED60 billion by 2033, representing 7 percent of Dubai’s total real estate transactions
alternative assets
EXCLUSIVE: Dubai’s once-elite racehorse market now open for fractional ownership with digital tokens
The tokenised ‘syndicated ownership’ model for the sector will Simplify asset management and enhance liquidity by making fractional shares of racehorses transferable
Bitcoin
Bitcoin price projected to crash to $70,000 as crypto market’s Trump optimism wanes
The ongoing trade tariff war, discussions of stagflation, and the rush to safe havens are also turning investors away from the crypto market
Blockchain
Analysis: Inside the $1.5bn Bybit hack – ‘The largest digital heist in crypto history’
Data shows that North Korean hackers stole $1.34 billion across 47 incidents last year – a figure now eclipsed by this one breach
crypto crime
Crypto criminals pocket almost $51bn in 2024
There has been a steady diversification in crypto crimes away from bitcoin in 2024, with stablecoins now occupying the majority of all illicit transaction volume
digital asset
Tokinvest becomes first DMCC firm to get full licence for its RWA marketplace
The license allows the company to operate as a virtual asset broker-dealer and to serve retail, qualified, and institutional investors in and from Dubai
Cryptocurrency
UAE stablecoin usage surges 55% YoY, driven by new regulations and market growth
Consequently, stablecoins currently account for the largest share of crypto activity in the UAE at 51%, much higher than both Bitcoin (19%) and Ether (9%)
Bitget
Crypto exchange Bitget adds GMCI indices to futures market
For any coin to be included in the GMCI Indices, it must be actively traded on at least one of eight major centralised exchanges (CEXs) with sufficient trading volume
Blockchain
Digital asset provider Hex Trust partners with Clearpool to launch real world asset yielding Ozean
Hex Trust, with a presence in Dubai, Singapore, Hong Kong, France, and Italy, has built a reputation for adhering to the highest regulatory standards and providing secure digital asset solutions on a regulated infrastructure
BitPanda
Crypto broker platform Bitpanda adds 500,000 new users across Europe in Q2 amid surge in digital asset trading
The platform launched Bitpanda MENA in early May at the recent edition of the Dubai Fintech Summit
Abu Dhabi
Singapore headquartered digital asset custody provider Liminal secures key ADGM FSP license
The license grants the company the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub
Abu Dhabi
Crypto in the desert: Why UAE investors should consider investing in Bitcoin
As a crypto bull run climbs over the horizon, investors need to be primed to take advantage
Abu Dhabi Global Market
Digital custody and wallet infrastructure venture Liminal secures ADGM in-principle approval
The company said the approval marks an important milestone in its growth plans in the region
digital asset
Fuze sets MENA seed investment record
Abu Dhabi-based Fuze scores $14m seed investment