Emirates NBD Calls Bitcoin 'Digital Gold' and Is Evaluating a Potential Allocation
The UAE bank said Bitcoin can serve as a store of value and is conducting an internal review of possible portfolio exposure.
Emirates NBD, the UAE’s second‑largest bank, described Bitcoin as “digital gold” and said it is considering the asset within its broader investment framework as part of its 2026 outlook [2][3][5].
Group Chief Investment Officer Maurice Gravier, speaking on CNBC, characterized Bitcoin as a store of value and confirmed the bank is exploring ways to evaluate crypto exposure; some reports say management has discussed a potential ~1% allocation as part of that review [3][4][5].
The remarks align with accelerating institutional interest in digital assets, though Emirates NBD has not announced any finalized investment allocation and noted ongoing valuation and volatility challenges for Bitcoin [2][5].
Emirates NBD is conducting an internal review of Bitcoin and has signaled openness to a limited allocation, but no formal portfolio decision has been disclosed [2][5].
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Citations
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- 2UAE Second Largest Bank Signals Openness to Bitcoin as “Digital Gold”ETHNews• Feb 24, 2026
- 3UAE’s Second-Largest Bank Calls Bitcoin Digital Gold, Considers Adding BTC to Its Investment PortfolioThe Crypto Basic• Feb 24, 2026
- 4Bitcoin (BTC) Explosion from Dubai! The Country’s Largest Bank Unveils Massive Bitcoin Plan!Bitcoin Sistemi• Feb 24, 2026
- 5Dubai banking giant weighs Emirates NBD Bitcoin allocation as institutional crypto adoption acceleratesThe Cryptonomist• Feb 24, 2026
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