Alameda Research to sell interest in Sequoia Capital to Abu Dhabi for $45M
The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.
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The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund.
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week.
The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities.
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes.
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing…
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll…
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs.
PRESS RELEASE. Sheikh Hamad Rakadh Salem Hamad Alameri, a well-known Sovereign Wealth Fund (SWF) member of the Royal Family in Abu Dhabi, United Arab Emirates, has officially become a MaskEX…
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the…