Mubadala invests in cryptocurrency systems

Mubadala invests in cryptocurrency systems
Mubadala invests in cryptocurrency systems

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Khaldoon Al Mubarak, Managing Director and CEO of Mubadala Investment Company “Mubadala”, said in an interview with CNBC TV, “The Mubadala Fund has invested in cryptocurrency systems, such as blockchain technology, amid the increasing value of the digital currency market.” Mubarak added:

“The size of the cryptocurrency market was $200 billion two years ago, today it is $2.5 trillion, and it is constantly growing.” The rapid growth of cryptocurrencies, especially digital stablecoins, has caught the attention of regulators, who have called for these currencies to be subject to oversight. It is noteworthy that the “Halo Investing” financial technology company stated last October that it had raised more than $100 million in a financing round from investors, such as “All Capital” and the “Abu Dhabi Catalyst Partners Fund,” which is backed by the Mubadala Fund. Billion dollar.

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