On September 25th, Web3 security infrastructure GoPlus announced that it has launched a security education activity and activated its 500 million GPS security funds in response to the malicious coin smashing attack on the Binance Alpha project GAIN. The activity will allocate 400,000 GPS as a special project fund. Customer engagement pledges and learning security knowledge will have the opportunity to get security fund rewards, which aims to improve the security awareness and response ability of...
The sovereign wealth fund program has been suspended until we have dealt with all other matters.
Mohamed Sowore, who spent his first 15 years with the QIA helping it explore the US market and search for investment opportunities, is now committing to invest nearly the same amount of the fund's current assets in the US as head of the $524 billion state fund - part of a major economic commitment by the Gulf states. Speaking in an interview in Doha, Mr. Sowore said the QIA planned to invest in the next 10 years.
In his first 15 years with the Qatar Investment Authority, Mohamed Sowore helped the agency explore the US market and search for investment opportunities. Now, as head of the $524 billion state fund, he is pledging to invest nearly the same amount of the fund's current total assets in the US - part of a major economic commitment by the Gulf states. In an interview in Doha, Sowore said the QIA plans to invest an additional $500 billion in the US over the next decade. The huge amount of money will...
Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC (IHC.AD) and the UAE's largest bank by assets, First Abu Dhabi Bank (FAB.AD), announced plans on Monday to launch a new stablecoin backed by the dirham, the official currency of the United Arab Emirates (UAE). The three companies said in a statement that the stablecoin will be fully regulated by the UAE Central Bank. The move marks a further deepening of investment in the cryptocurrency sector in the Gulf countries.
BlackRock's $500 million Tokenization Fund plans to allocate $34 million to Ethena's RWA investment program.