Private equity firms Deus X Capital and Bridgetower Capital will launch a $250 million cryptocurrency infrastructure platform. The new entity, Bridgetower Middle East, will be located in the Abu Dhabi Global Market Free Zone in the United Arab Emirates (UAE), led by Deus X and Bridgetower's respective CEOs Tim Grant and Cory Pugh. It will host institutional pledge nodes in the region and provide advanced data center capabilities, AI GPU, Web3 business, and private equity incubation services, aiming to meet the Middle East's demand for bundled pledges and AI graphics processing unit (GPU) computing.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Deus X and Bridgetower launch US$250 million digital asset joint venture 'Bridgetower Middle East'
-
Wechat scan to share
Recommended for you
-
Binance Futures will launch U-based and Coin-based quarterly 0627 delivery contracts
Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U. -
Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts
Binance futures platform will launch perpetual contracts with a maximum leverage of up to 75 times at the following times: -
Coinbase International has launched COW perpetual contracts
Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available. -
Binance will delist GFT, IRIS, KEY, OAX, and REN
Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted. -
XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22
On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8). -
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC). -
Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network
According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud. -
The country's first digital RMB-based intellectual property securitization product was successfully issued
"Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project. -
APT breaks through $9.5
market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control. -
BRICS countries plan to create an independent digital payment platform
According to Bitcoin.com News, a Russian official revealed that the BRICS countries are discussing the creation of an independent digital payment platform.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments