Three Arrows Capital plans to move its headquarters from Singapore to Dubai. “The energy in Dubai’s digital asset industry is electric right now,” co-founder zhusu says.
NASSAU, BAHAMAS — Crypto trading and venture capital firm Three Arrows Capital is moving its headquarters from Singapore to Dubai, United Arab Emirates.
Three Arrows Capital is the latest crypto giant to eye the Middle East as the regulatory climate in Singapore appears to have soured. “The energy in Dubai’s digital asset industry is electric right now,” Zhu told CoinDesk. “We have decided to move our Three Arrows headquarters to Dubai and I’m looking forward to meeting more technology startups.”The Monetary Authority of Singapore , the nation’s central bank and financial regulator, has begun cracking down on crypto activity, adding several crypto firms to its Investor Alert List .
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