UAE Wealth Fund Mubadala Invests In Crypto Ecosystem

The CEO of Mubadala Investment Company, one of the wealth funds of the United Arab Emirates, announced that they are investing in the crypto ecosystem.

Khaldun al-Mubarak, CEO of Mubadala Investment Company, in an interview with CNBC, “This is a $200 billion dollar investment two years ago. [piyasaydı]. Today it has reached $2.5 trillion and continues to grow. Although there are many people who are skeptical of the market, I am not one of them.” said.

Haldun al-Mubarak believes that the crypto money market will continue to be regulated legally and that cryptocurrencies will continue to be regulated by these regulations. “to turn into something new” believes.

Mubadala’s CEO stated that they are investing in blockchain technology and energy use-related areas within the crypto ecosystem.

Mubadala Investment Company, established in 2002 and affiliated with the Abu Dhabi government, today has a total $243 billion manages assets.

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