BlackRock established its presence in Abu Dhabi

Newyork based Blackrock has officially received a business license to operate in Abu Dhabi. Abu Dhabi is renowned for its digital assets. BlackRock, which operates the iShares Bitcoin Trust ETF, which exposes U.S. investors to Bitcoin, has achieved immense achievement in digital finance.

Charles Hatami, Head of Middle East and Global Head of the Financial & Strategic Investors Group, BlackRock said “Our presence in ADGM will enable us to better serve our clients around the world on whose behalf we engage with sovereigns, wealth managers and specialist investment vehicles based in Abu Dhabi, operating in sectors such as infrastructure, renewable energy, and technology,”

Hatami emphasized the significance of Abu Dhabi's transition into a global financial hub. He stressed the city's strategic location, as well as its government's dedication to sustainable growth, establishing it as a leading capital market destination.

About BlackRock

BlackRock is a globally recognized investment management corporation that provides a comprehensive range of services and products to its clients. BlackRock offers various means of contact tailored to different regions and services. Traders are encouraged to select their respective locations from the BlackRock or iShares tab on the company's website to gain access to the appropriate products, tools, insights, and avenues for communication relevant to their specific regions.

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