Standard Asset Company Unveiled a $1.5 Billion Bitcoin and UAE Real Estate Strategy, With Coinbase Asset Management Running Its Bitcoin
Friday, October 30, 2026 · first reported by HedgeCo
Standard Proprietary Company Ltd., trading as Standard Asset Company, has set up its headquarters in Abu Dhabi Global Market to lead a planned $1.5 billion strategy combining a managed Bitcoin reserve with UAE real estate purchases. Coinbase Asset Management is the exclusive manager of the Bitcoin holdings.
The property side aims at hospitality assets and branded residences. The Bitcoin reserve is to be built in phases, with a managed yield strategy for extra income. The $1.5 billion is a target, not deployed capital. The firm invests for its own account and is led by co-founders Sakhib Waseem, Adam Ali and Mason Borda.
- Also named
- Coinbase Asset Management
- Stage
- Target
- Asset class
- Real estate
- Geography
- Middle East
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