Hedge fund Three Arrows moves Singapore HQ to Dubai for crypto’s sake

Hedge fund management firm Three Arrows Capital is moving its headquarters from Singapore to Dubai as it becomes more involved in crypto-trading. While the Monetary Authority of Singapore (MAS) has started to crack down on some crypto-related activities, the UAE’s Dubai Virtual Assets Regulatory Authority seems to take a different approach in order to attract more firms in the crypto space to set up offices in Dubai. Three Arrows Capital was founded in 2012 by Su Zhu (ex-Deutsche Bank, Flow Traders) and Kyle Davies (ex-Credit Suisse).