Abu Dhabi

Highlights: Brera Holdings plans to rename itself as it shifts its business toward the Solana blockchain infrastructure. The company raised $300 million to build validator infrastructure and expand its Solana treasury strategy. Brera will close two football teams and redirect […]

Highlights: Binance has launched the ADGM-regulated framework with three licensed entities. All on-exchange trades are now cleared by Nest Clearing and Custody Limited. User experience remains the same despite regulatory changes. The largest crypto exchange in the world, Binance, has […]

Highlights: Ripple’s RLUSD has been approved by ADGM in Abu Dhabi to be used by the institutions. The stablecoin is now authorized for regulated financial practices in the U.A.E. The RLUSD market capitalization has already surpassed $1.2 billion with the […]

Highlights: Animoca Brands gets first approval in Abu Dhabi to become a regulated fund. Approval allows Animoca to manage funds and grow in NFTs, gaming, and digital assets. Animoca also plans a reverse merger with Currenc Group to return to […]

Highlights: ADIC more than tripled its Bitcoin holdings, now owning nearly eight million IBIT shares. Abu Dhabi continues its crypto strategy despite Bitcoin dropping about twenty percent recently. Mubadala and other major investors expand digital asset holdings as Abu Dhabi […]

Highlights: Abu Dhabi has banned cryptocurrency mining to maintain sustainability in Agriculture. ADAFSA will fine farms for mining violations and may disconnect electricity to stop illegal crypto mining. The ban is set to protect farmland and ensure farms focus on […]

Highlights: Hidden Road has secured regulatory approval to offer services in Abu Dhabi, expanding into the Middle East. Ripple is looking to take non-bank prime brokerage to a larger scale by acquiring Hidden Road. Potential involvement from the Abu Dhabi […]

Highlights: Abu Dhabi’s financial giants to launch Dirham-backed stablecoin for stronger digital finance.  The stablecoin is designed to streamline secure payments both within the UAE and globally. As the UAE makes strides, nations like Russia consider options beyond US dollar-backed […]

Highlights: ADGM has partnered with Chainlink to develop blockchain rules and support tokenized assets. The partnership includes programs on blockchain and cross-chain technology for financial services. LINK price surged after the announcement as trading volume increased by 12.08%. Abu Dhabi […]

Highlights: BlackRock gets Abu Dhabi license and focuses on AI and private markets instead of cryptocurrency.   BlackRock’s Bitcoin ETF hits $40B in assets and shows growing interest from institutions in cryptocurrencies.   Abu Dhabi’s AI growth draws global companies like BlackRock […]