Sovereign funds see Bitcoin discount as entry point: MidChains CEO
Covered by 3 sources · 3 articles
3 outlets - including Coinedition, Cryptobriefing and Cointelegraph - are covering this story. Bitcoin’s current market level is attracting the attention of some of the world’s largest state-backed investors, according to Basil Al Askari, chief executive of Abu Dhabi-based MidChains. Speaking about institutional participation, Al Ask…
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Sovereign Wealth Funds Are Accumulating Bitcoin, Says MidChains CEO
Bitcoin’s current market level is attracting the attention of some of the world’s largest state-backed investors, according to Basil Al Askari, chief executive of Abu Dhabi-based MidChains. Speaking about institutional participation, Al Ask…
MidChains CEO highlights Bitcoin discount as entry point for sovereign funds
Sovereign fund entry into Bitcoin could catalyze widespread institutional adoption, reshaping market dynamics and boosting crypto legitimacy. The post MidChains CEO highlights Bitcoin discount as entry point for sovereign funds appeared fir…
Sovereign funds see Bitcoin discount as entry point: MidChains CEO
It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari.