Abu Dhabi’s state-owned fund invests in crypto

Mon 13 Dec 2021 ▪ 14h45 ▪ 3 min read — by Katie Donaldson

The CEO and Managing Director of Abu Dhabi’s state-owned fund Mubadala Investment Capital, Khaldoon Al Mubarak, has stated that the fund has invested in the crypto market. The businessman didn’t reveal which networks were picked for funding.

$243 billion fund’s plans 

Al Mubarak demonstrated serious passion for crypto-related technologies. He talked about how investors continue to foolishly pick traditional investment vehicles while the crypto industry seems to be much more promising. According to the managing director, he can’t doubt a financial sector that has grown this big in just two years.

“I think it (crypto) is real, this is a business that had $200 billion (~£150 billion) worth of value two years ago, and is $2.5 trillion (~£1.89 billion) value today and growing. So while many people are skeptics, I do not fall in that category,” he added.

Al Mubarak noted that the company’s board finds blockchain tech and energy usage particularly interesting. 

“I think we’ll come in, and we’ll help. I think transitioning this asset class into something new. From our perspective, I think we look at the ecosystem around crypto, and I think we are investing in that ecosystem that could be in blockchain technology, energy usage, etc,” he said.

The businessman is sure – the crypto market is in desperate need of a proper regulatory framework and won’t get enough momentum until some sort of rules are established.

Mubadala Capital was established in 2011 as the financial investment arm of Mubadala Investment Company (“Mubadala”), one of the world’s leading sovereign wealth funds, with over $243 billion (~£183 billion) in assets. The company controls six integrated businesses that include private equity, public equity, venture capital and credit.
Abu Dhabi-based Mubadala Investment Capital becomes another fund to jump on the crypto bandwagon by investing into the crypto ecosystem.

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Katie Donaldson

I went full time crypto back in June 2018, and have never looked back. I want to help persuade as many people as possible to come and build the decentralised future! Let’s go!


The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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