Standard Asset Company Opens UAE Office, Pursues $1.5 Billion Bitcoin, Real Estate Strategy
JH Kim
Summary
- Standard Asset Company said it has opened an office in the UAE to pursue a $1.5 billion investment strategy in Bitcoin and real estate.
- Standard Asset Company said it will use its new UAE office to advance an investment strategy centered on Bitcoin and real estate.
- The company said Bitcoin and real estate are the main targets of its $1.5 billion strategy, but did not disclose the allocation by asset class or the timeline for deploying the capital.
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Standard Asset Company has opened an office in the United Arab Emirates to pursue a $1.5 billion investment strategy focused on Bitcoin and real estate.
Cointelegraph reported on October 29 that the company had established a new UAE office and would advance an investment strategy centered on Bitcoin and real estate.
The strategy totals $1.5 billion, with Bitcoin and real estate as its main investment targets.
The company did not disclose the allocation for each asset class or the timeline for deploying the capital.
JH Kim
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