Abu Dhabi’s MidChains secures funding from Mubadala, ADIO – ZAWYA

Abu Dhabi’s MidChains secures funding from Mubadala, ADIO – ZAWYA

Abu Dhabi's MidChains secures funding from Mubadala, ADIO | ZAWYA MENA Edition HomeMarketsEquitiesArticleAbu Dhabi's MidChains secures funding from Mubadala, ADIO MidChains is expected to launch trading operations in 2020    Investors monitor screens displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014. Image for illustrative purposesMidChains, an Abu Dhabi-based upcoming virtual asset trading exchange, has closed its latest funding round.Mubadala Capital (the asset management arm of Mubadala Investment Company), Miami International Holdings and the Abu Dhabi Investment Office (ADIO) were among the investors in addition to other notable regional backers. The funding sum was not disclosed.MidChains, which operates within Abu Dhabi Global Market (ADGM), is expected to launch trading operations in 2020, subject to the Financial Services Regulatory Authority (FSRA) approval.Mubadala Capital (the asset management arm of Mubadala Investment Company), Miami International Holdings and the Abu Dhabi Investment Office (ADIO) were among the investors in addition to other notable regional backers. The funding sum was not disclosed.MidChains, which operates within Abu Dhabi Global Market (ADGM), is expected to launch trading operations in 2020, subject to the Financial Services Regulatory Authority (FSRA) approval."As we aim to launch the MidChains platform later this year, the backing of established institutions