Crypto’s Biggest Players Troop to Abu Dhabi, Looking for a Financial Boost

ABU DHABI—The word went out among those gathered for the crypto conference: The Big Money guys were here. Representatives from a $330 billion United Arab Emirates sovereign-wealth fund were said to be circulating—if only they could be found.

Many of crypto’s biggest players trooped to Abu Dhabi last week, hoping to secure deals with deep-pocketed Emirati investors who could inject fresh vigor into the industry following two months in the doldrums.