The National Bank of the United Arab Emirates is exploring the possibility of including BTC in investment portfolios.

CycleProphet · 2026-02-24T12:11:22+00:00

The Chief Investment Officer of the National Bank of the United Arab Emirates stated that the bank views Bitcoin as "digital gold" and is considering including it in their investment portfolio, but current market volatility makes reasonable valuation challenging. He believes that Bitcoin's role has shifted to a store of value.

CycleProphet

2026-02-24 12:11:22

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Deep Tide TechFlow News, February 24 — Maurice Gravier, Group Chief Investment Officer of Emirates NBD, one of the largest banks in the UAE, stated in an interview with CNBC that the bank views Bitcoin as “digital gold” and is exploring the possibility of including BTC in its investment portfolio. However, he noted that given the ongoing market volatility, it remains challenging to accurately value Bitcoin. He also mentioned that Bitcoin’s positioning has evolved from being initially seen as an alternative currency to a store of value.

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