• blockchain&beyond
  • news
  • 10 hours

Crypto Executives Land in Abu Dhabi to Secure Capital

Western projects attempt to close funding rounds with Arab funds amid a falling market.

0

nft.eu
  • rating +25
  • subscribers 112

Top executives from the world’s largest crypto platforms are holding a series of meetings with investors in the UAE capital. The delegation remained in the region following a week of industry events to conduct direct negotiations with local financial elites. Market participants aim to close funding rounds and ensure capital inflows for the industry.

Western companies view Abu Dhabi as a primary source of liquidity. The interest is mutual: in the past week alone (December 8–9), two major players resolved legalization issues in the region. Circle received a full Money Services Provider license, while Binance secured three approvals: for exchange operations, clearing, and brokerage services.

Companies are now attempting to convert these regulatory wins into direct equity investments or credit lines from local investors.

Market conditions dictate the urgency of these negotiations. Bitcoin is trading around $89,000, and Binance Research records a weekly outflow from BTC ETFs reaching $4 B. As retail investors panic, the industry is seeking “patient capital” in the Middle East to bridge the liquidity gap and prepare for the next growth cycle. Abu Dhabi attracts them with both its capital and its status as one of the world's most crypto-friendly hubs.

Read also:

This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.

0

Comments

0