Abu Dhabi is continuing to grow in prominence in the Digital Asset arena
| less than a minute read
MIAX EXPANDS TO THE MIDDLE EAST, ADDS DIGITAL ASSETS TO ITS STRATEGIES
ABU DHABI, UNITED ARAB EMIRATES and PRINCETON, N.J. – Dec. 11, 2019 – Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options®, MIAX PEARL™ and MIAX Emerald™ options exchanges (the MIAX Exchange Group™), and MidChains, an upcoming digital asset trading exchange based in Abu Dhabi Global Market (ADGM) seeking to operate under the Financial Services Regulatory Authority (FSRA) framework, today announced that MIH has agreed to purchase an equity stake in MEEG Holdings Limited, the parent holding company of MidChains. As part of the agreement, the parties will pursue joint technology licensing and product listing opportunities internationally, including in the Middle East and Bermuda, subject to regulatory approval.