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temasek's seviora group establishes middle east hub in abu dhabi
Seviora Group, a Singapore-based asset management firm owned by Temasek, has launched its Middle East office in Abu Dhabi Global Market, managing US$54 billion in assets. The new hub aims to enhance its presence in Asia and beyond, led by Sadiq Hussain, who will focus on regional investor engagement. CEO Jimmy Phoon emphasized the strategic importance of this expansion for fostering partnerships with local investors.
Bitget establishes European hub in Lithuania to ensure MiCA compliance
Bitget is expanding its operations in Europe by establishing a crypto hub in Lithuania, aiming for compliance with the EU's Markets in Crypto Assets (MiCA) regulations set to be fully implemented by December 30, 2024. The exchange plans to collaborate with European regulators to offer compliant products and support local crypto startups, reinforcing its commitment to security and regulatory standards. Bitget holds licenses in several countries, including Poland, Australia, and Italy, and has recently re-entered the UK market.
Aptos Foundation opens new office in Abu Dhabi to enhance blockchain ecosystem
Aptos Foundation is set to open a new office in Abu Dhabi's ADGM, marking a significant step in its mission to enhance the global blockchain ecosystem. This strategic move aims to foster partnerships and support innovative projects in a region recognized for its leadership in Web3 adoption. The foundation's presence in the UAE will facilitate collaboration with local developers, institutions, and investors, further accelerating blockchain adoption.
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