Blockchain
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Abu Dhabi Sovereign Wealth Fund Acquires $436.9 Million in BlackRock Shares
The sovereign wealth fund of Abu Dhabi, represented by MUBADLA Investment Company, acquired shares worth $436.9 million in BlackRock's Bitcoin…
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Blum Platform Raises $5 Million in Pre-Seed & Seed Rounds Led by gumi Cryptos Capital
Blum, a decentralized trading platform operating via Telegram, has successfully raised $5 million in a Pre-Seed & Seed funding round.
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Bitpanda Expands into MENA with New UAE Office and VARA Approval
Bitpanda, Europe’s cryptocurrency platform, has secured in-principle approval from the Virtual Assets Regulatory Authority (VARA) in less than eight months…
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National Bank of Bahrain Launches First Structured Bitcoin Investment in the GCC
The National Bank of Bahrain (NBB) has launched the first structured Bitcoin investment in the Gulf Cooperation Council (GCC), in…
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Sarwa Platform Aims to Facilitate Digital Investment in the Region at Lower Costs
Nadine Mezher, co-founder of the “Sarwa” platform, which specializes in providing digital financial services for investment and is based in…
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Dubai Virtual Assets Regulatory Authority Grants Bybit Temporary Virtual Asset Service Provider License
Bybit,specialized in cryptocurrency trading, has been granted a temporary (non-operational) Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Assets…
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Yuze Raises $30 Million in Funding Round Led by Osten Investments to Expand Globally
Yuze, a FinTech company headquartered in the UAE, has successfully secured $30 million in its latest funding round, with Osten…
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Tether supports “Kem” with a $3 million investment
In a significant move to enhance access to digital financial services in the Middle East, Tether, a leading company in…
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Blockscout Raises $3 Million in Seed Round Led by 1kx
Blockscout, a UAE-based company, has successfully secured $3 million in seed funding, led by 1kx. .
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