Abu Dhabi Sovereign Wealth Fund invests in cryptocurrency exchanges

The world's 13th largest sovereign wealth fund, Mubadala Investment Capital, based in Abu Dhabi, invested in MidChains, a digital currency trading platform launched in Abu Dhabi by the end of 2019. The exchange will be located at the International Finance Centre and the Abu Dhabi Free Trade Zone Global Market (ADGM). Earlier this year, ADGM's financial services regulator authorized MidChain to operate a cryptocurrency exchange.