UK asset manager launches digital assets platform in Dubai

Cigrek Capital, an asset manager based in Scotland, has launched a funds platform for digital asset managers looking to distribute to investors in Dubai.

The firm already has a platform to serve the European market and is now looking to extend this to high net worth and institutional investors in the Mena market.

Approved fund managers would become cells on Cigrek’s regulated platform.

According to Cigrek Capital managing director Laura Barsceyska, the launch comes on the back of growing investor demand in Dubai for digital assets.

“There is already enormous interest for digital assets investment within Dubai, which is fast becoming one of the leading global hubs in terms of local knowledge and interest in the market,” she said.

“The new platform is designed to match leading investment talent in the digital universe with wealthy investors in the Gulf who want more exposure to this asset class.”

©2022 funds global mena

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