On December 13th, Khaldoonal-Mubarak, CEO of Mubadala Investment Capital, the sovereign fund of Abu Dhabi, expressed his appreciation for cryptocurrency in a recent interview with CNBC. He claimed that the fund is investing funds into the crypto ecosystem and listed blockchain technology and energy as the areas of most interest: “From our perspective, I think we are looking at the crypto ecosystem and are Invest in this ecosystem. This may be in terms of blockchain technology, energy use, etc." It is reported that Mubadala Investment Capital manages US$243 billion in assets. The fund has been involved in cryptocurrencies as early as 2019, investing in MidChains, the UAE's first regulated cryptocurrency exchange. MidChains launched the trading of four cryptocurrencies (BTC, BCH, LTC and ETH) at the end of September.
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