.PwC's crypto head has left his role at the firm to set up a $75 million digital asset fund in Dubai. By JamieCrawleyCD
Henri Arslanian's new fund, Nine Blocks Capital Management, has been granted provisional regulatory approval in the Gulf city, according to the report.
The fund has received $75 million from its main backer, Nine Masts Capital, a Hong Kong-based hedge fund. Arslanian, who will stay at PwC as a senior adviser, cited ease of travel and Dubai's supportive regulatory environment for crypto firms as the reason for choosing it to establish a digital asset fund.
Hong Kong would have been a"natural home," he said, but it still requires mandatory quarantine for most international travelers. He also considered Singapore.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Legendary Investor Jim Rogers on Crypto: 'It's Going to Be Government Money'In his interview with crypto legendary fund manager, Jim Rogers says that with further adoption, government will most likely get to people's digital funds at some point
Baca lebih lajut »
Serenity Shield Inks Long-Term Partnership with Digital Insights VenturesSerenity Shield partners with Digital Insights Ventures for joint marketing and development initiative
Baca lebih lajut »
Gucci to Start Accepting ApeCoin — Crypto Payments Now Available at 70% of U.S. Stores | CoinMarketCapAnother crypto adoption at its finest 😎 gucci is about to start accepting apecoin, with ambitions to embrace digital assets across America by the end of this summer.
Baca lebih lajut »
Hedge Fund Manager Steve Cohen Exits Crypto Trading Firm Radkl: ReportCORRECTION: Hedge fund manager Steve Cohen has exited his investment in crypto trading firm Radkl, according to a report. By JamieCrawleyCD
Baca lebih lajut »
Borrowing to buy Bitcoin: Is it ever worth the risk?While corporate lending differs from personal lending, it’s important to understand what may happen when investors borrow against their assets to buy more crypto and what’s in store for them.
Baca lebih lajut »