Ebury, a London-based fintech firm backed by Santander, is contemplating a £2 billion initial public offering on the London Stock Exchange. However, recent market turbulence, intensified by trade war concerns, threatens the listing's success. Discussions with investors are ongoing, with a decision expected in the coming weeks.
CROFAM SOCIAL NETWORK
Abu Dhabi's investment vehicle MGX has acquired a $2 billion stake in Binance, the world's largest cryptocurrency exchange. This investment underscores the UAE's ambition to become a global crypto hub and highlights the increasing convergence of traditional finance and digital assets.
