The portfolio has been migrated to the UI platform with UI efa acting as the central administrator and Spuerkeess, the Luxembourg savings bank, as the custodian
The charges also state that Abra operated for over two years as an unregistered investment company as it held more than 40 per cent of its total assets, excluding cash, in investment securities
Previously holding senior management positions in Chinese and international banks, Jean Lu brings 30 years of experience in the industry to her new role
The partnership will use Zodia Custody’s enterprise technology solutions to ensure Aquanow meets cold storage demands required by banks and other financial institutions
The partnership aims to offer UAE residents a secure platform to manage and trade digital assets, and will provide clients with exclusive access to RAKBANK’s digital payment tokens
