List of Bitcoin Fund on Nasdaq Dubai during the second quarter

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Abu Dhabi – Mubasher: Three IQ Corporation announced 3iQ Digital Asset Management said Tuesday, that it obtained a “no material comments” letter from the Dubai Financial Services Authority regarding its proposed listing of a bitcoin fund on Nasdaq Dubai.

The company expected to list the Bitcoin fund on Nasdaq Dubai during the second quarter of this year, according to a press release.

The company explained that the Bitcoin fund was launched on the Toronto Stock Exchange in 2020 as the world’s first major regulated and listed Bitcoin fund.

She added that upon listing on Nasdaq Dubai, it will be the first listed digital asset fund in the Middle East.

The company chose “3iQ” Delma Capital, a global alternative investment platform, is headquartered in the Dubai International Financial Center to be the co-director of the company’s regional expansion..

Capital, a London-based corporate financial advisory firm, was appointed to create and implement the listing, and Inc. “Razlin Capital” It is a London-based investment firm to seek advice on listing, Inc. “Pinsent Masons LLP” As a legal advisor to the listing process.

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