The exchange is the first to go live with dirham banking integration and a dirham-denominated order book, Rifad Mahasneh, general manager for the Middle East, told CoinDesk.
Heather Morgan, who was accused of helping launder proceeds from a 2016 Bitfinex hack, provided “substantial assistance” to prosecutors, according to the government’s sentencing memo.
The allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.