These ultra-high net worth individuals are using a non-banking finance company - preferably an existing local entity - to sponsor an overseas investment company, a wholly-owned subsidiary, in a financial centre like Dubai.source https://economictimes.indiatimes.com/industry/banking/finance/indias-richie-rich-investors-open-open-a-new-window-for-crypto-bets-abroad/articleshow/91995029.cms
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