Henri Arslanian, a former PwC crypto head, has founded Nine Blocks Capital Management, a digital asset fund, in Dubai, according to Forkast. He allegedly continued working for PwC as a senior advisor.
From supporters like Hong Kong’s Nine Masts Capital, his fund most recently earned US $75 million. Three Cayman Islands-based portfolio managers have already been employed by Nine Blocks Capital.
In Dubai, the company has received regulatory permission on a temporary basis. Due to Singapore’s more lenient cryptocurrency legislation, Arslanian decided to establish the city as his headquarters rather than the Asian commercial capitals Hong Kong or Hong Kong.
He did, however, mention that Nine Blocks could open a branch in a different Asian city in the future.
Together with Andrew Goodwin, formerly the vice president of equities sales trading at Deutsche Bank, Arslanian started Nine Blocks in March of this year.
