News with the tag "abu dhabi"

In a move signaling significant expansion and strategic foresight, DeFi protocol NEOPIN (NPT) has officially announced the establishment of its NEOPIN Distributed Ledger Technology (DLT) Foundation in Abu Dhabi. This development, detailed on NEOPIN’s official Medium blog, marks a pivotal moment for ...

The Abu Dhabi-based branch of Brevan Howard Digital, the crypto arm of the global investment management firm, has deployed $20 million on Kinto, a blockchain platform designed for institutional participation in decentralized finance (DeFi). The deposit makes Brevan Howard Digital one of the first tr...

New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin ( BTC ) exchange-traded fund (ETF). According to new filings with the U.S. Securities and Exchange Commission (SEC), the wealth fund has stockpiled about $455 millio...

In a move that has sent ripples of excitement through the cryptocurrency world, the Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has made a significant foray into the digital asset space. This isn’t just another headline; it’s a seismic shift indicating g...

The State of Wisconsin Investment Board (SWIB) has stacked up an additional 3.1 million shares of BlackRock’s iShares Bitcoin Trust (IBIT), pushing its total Bitcoin ETF holdings to around $588 million, according to an SEC 13F filing for Q4 2024 that was released today. On the other side of the worl...

Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund publicly disclosed its Bitcoin purchase. The State of Wisconsin Investment Board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin ( BTC ) Trust in Q4 2024, according to a...

Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry challenges, the firm said. In a Feb. 12 press ...

Malaysia is reportedly exploring cryptocurrency regulations after its prime minister held discussions with Abu Dhabi leaders and Binance founder Changpeng Zhao.

Prime Minister of Malaysia, Anwar Ibrahim, says he wants to explore policies for crypto and blockchain technology after his meeting with Binance co-founder CZ and the Abu Dhabi government. According to a report by media outlet New Straits Times, Ibrahim returned to Malaysia after a three-day visit t...

UAE’s first crypto-listed company, Phoenix Group, plans NASDAQ dual-listing. Phoenix Group , the first cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), is planning to dual-list on the Nasdaq in 2025 to expand its worldwide footprint. Founded in 2017 and based in ...