PwC global head of crypto, Henri Arslanian, has stepped down from his position as chairman of the company to set up a digital asset fund in Dubai.
Companies that want to benefit from the technological power behind the crypto money industry are shaping their innovative services. He left his position as the head of crypto money at PwC, which provides corporate finance and similar legal services, and established a digital asset fund.
PwC Crypto Chairman Selects Dubai to Set Up Digital Asset Fund
According to the news in the Financial Times; Henri Arslanian, who will hold the position of senior adviser at PwC, has started work on establishing a digital asset fund to close the crypto gap in Dubai.
Arslanian stated that Nine Blocks Capital Management has decided to set up the fund in Dubai after receiving temporary regulatory approval in the city. The digital asset fund will receive $75 million from Nine Masts Capital, a Hong Kong-based hedge fund.
While it is stated that the fact that the fund is in Dubai is related to Dubai’s coming forward as a crypto center in the future, Arslanian; “Hong Kong will be a natural home for us,” he said. Stating that he has already moved to Dubai, Arslanian added that the digital asset fund may establish a base in Asia in the future.
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