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State-Owned Investment Giant Mubadala Invests In Crypto, Blockchain-Based Ecosystem
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In a move that could potentially inject billions of dollars into the global crypto markets, Abu Dhabi’s leading state-owned holding Mubadala Investment Company is acknowledging it has started to invest its assets in cryptocurrencies and their surrounding blockchain-based ecosystem.
Khaldoon Al Mubarak, CEO of Mubadala Investment Company, made the announcement in an interview with US broadcaster CNBC during which he said that while “many people are skeptics” of cryptocurrency he did “not fall into that category.”
“I see it as real,” he said of cryptocurrencies. “I think the regulatory environment that isn’t there yet in its final form, [and] that will have to be there at some point, I think will come in and will help, I think, transition
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