王翦
--
Who is the biggest supporter behind Binance?
Answer: Abu Dhabi.
Today on Bloomberg's homepage, Abu Dhabi plans to invest $16 billion to expand its financial core area, adding more office buildings, luxury residences, and commercial spaces.
This is because global hedge funds and financial companies are flocking to Abu Dhabi. For example, in recent weeks, private equity giant KKR and hedge fund giant Man Group have announced that they will establish offices in Abu Dhabi.
There is a clear shortage of available space.
At the same time, earlier this year, Binance, which received investment from the Abu Dhabi national team MGX, recently obtained three independent licenses from the Abu Dhabi financial regulatory authority all at once.
These licenses allow Binance to legally operate an exchange in Abu Dhabi, be responsible for custody and settlement, and provide over-the-counter (OTC) fiat services.
Binance has officially announced that it is relocating its global operations to Abu Dhabi.
Previously, the Abu Dhabi Investment Authority significantly increased its holdings in Bitcoin ETFs in the third quarter of this year, with holdings exceeding three times the original amount.
Abu Dhabi now boasts a large amount of BTC, leading cryptocurrency exchanges, and crypto employees who are based here.
Answer: Abu Dhabi.
Today on Bloomberg's homepage, Abu Dhabi plans to invest $16 billion to expand its financial core area, adding more office buildings, luxury residences, and commercial spaces.
This is because global hedge funds and financial companies are flocking to Abu Dhabi. For example, in recent weeks, private equity giant KKR and hedge fund giant Man Group have announced that they will establish offices in Abu Dhabi.
There is a clear shortage of available space.
At the same time, earlier this year, Binance, which received investment from the Abu Dhabi national team MGX, recently obtained three independent licenses from the Abu Dhabi financial regulatory authority all at once.
These licenses allow Binance to legally operate an exchange in Abu Dhabi, be responsible for custody and settlement, and provide over-the-counter (OTC) fiat services.
Binance has officially announced that it is relocating its global operations to Abu Dhabi.
Previously, the Abu Dhabi Investment Authority significantly increased its holdings in Bitcoin ETFs in the third quarter of this year, with holdings exceeding three times the original amount.
Abu Dhabi now boasts a large amount of BTC, leading cryptocurrency exchanges, and crypto employees who are based here.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
1
0