Standard Asset Company Names Coinbase Asset Management to Oversee $1.5 Billion Bitcoin Strategy

Standard Asset Company has unveiled an anticipated $1.5 billion hybrid investment strategy combining UAE real estate with a long-term Bitcoin reserve. Headquartered in the Abu Dhabi Global Market, the proprietary investment firm appointed Coinbase Asset Management as the exclusive manager of its Bitcoin holdings to oversee custody, transfer controls, and asset reconciliation. The strategy merges digital asset reserves with income-producing UAE hospitality and branded residential properties. Backers and advisers for the firm include Dubai royal family member Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum and former White House Chief of Staff Mick Mulvaney.