The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.

Binance has scored a massive $2 billion investment from MGX, an Abu Dhabi-based sovereign wealth fund. The investment is ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

Sovereign wealth funds (SWFs) have emerged as powerful financial instruments, enabling nations to strategically invest ...

Abu Dhabi wealth fund MGX invests $2 billion in Binance using stablecoins, setting a new record for crypto-related investments.

Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, ...

The Wall Street veteran, who briefly worked with Elon Musk, is reportedly being tapped for President Donald Trump's agenda to ...

Abu Dhabi's sovereign wealth fund, Mubadala investment Company, has made a significant entry into the Cryptocurrency market by acquiring $436.9 million worth of shares in BlackRock's iShares ...

It is the largest sovereign wealth fund in the world today, managing $1.7 trillion, about 3.5 times the Scandinavian nation’s annual economic output. Abu Dhabi’s $1 trillion wealth fund is ...

The race for wealth funds around the world to scoop up Bitcoin may finally be on. Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, revealed itself to be the seventh largest holder ...

Sovereign wealth funds ... the United Arab Emirates, Kuwait, and Saudi Arabia. Saudi Arabia’s was created by royal decree, and Prince Mohammed bin Salman is the fund’s chairman in charge ...