Animoca Brands

7 hours agoNews Editor

Animoca Brands unit secures financial services license in Abu Dhabi’s ADGM

Animoca Brands said its subsidiary, Animoca Asset Management (AD) Limited, has obtained a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market. The license allows the company to conduct collective investment fund management activities in or from ADGM. According to the company, the approval will support its business efforts across blockchain infrastructure, links between traditional financial institutions and decentralized networks, tokenized asset development, and the combination of AI agents with Web3. The disclosure was made in a post by Animoca Brands and was cited by ChainCatcher. The announcement centers on regulatory approval and the scope of activities the subsidiary is now permitted to carry out within the ADGM framework.

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Coinbase

1 months agoNews Editor

Coinbase secures ADGM financial services license for tokenized securities custody and trade arrangements

Coinbase has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing the crypto platform to arrange investment deals and provide custody for tokenized securities. The company said the license forms the regulatory base for its international tokenization hub and marks the first of its two main non-U.S. institutional businesses in the United Arab Emirates, with the other being its derivatives operation in Dubai. Under the scope of the permission, Coinbase can arrange and custody tokenized equities that are fully backed by underlying shares. The company said holders of the digital securities can access economic exposure such as dividends, while voting and redemption rights depend on the vesting conditions set out in each prospectus. Coinbase also said investors would only need a crypto wallet to trade, though redeeming proceeds into fiat would still require a bank or brokerage account. The framework includes sanctions screening and wallet-level freezing or seizure measures.

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Coinbase

3 months agoNews Editor

Coinbase Secures Abu Dhabi License to Launch Global Securities Tokenization Hub

Coinbase has secured a financial services permit from Abu Dhabi Global Market's Financial Services Regulatory Authority and will set up an international securities tokenization center in ADGM. The center will provide investment matching and custody services and issue security tokens fully backed by underlying stocks. Token-holding addresses receive shareholder dividend and voting rights. Investors can participate with only a wallet, with no securities account or bank relationship required. All transfers will go through sanctions screening, and the platform can freeze or seize assets at the wallet level. Coinbase says the center will act as its on-chain capital market and tokenization infrastructure in Abu Dhabi, forming, with its global derivatives business in Dubai, two major overseas hubs in the UAE. PANews reported the news on Aug. 11.

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Binance

4 months agoNews Editor 01

Binance Wins Full ADGM Authorization, Strengthening Its Global Regulatory Footing

Binance has received full authorization from ADGM’s FSRA to operate under its regulatory framework, a move that strengthens the exchange’s global credibility and introduces a more segmented licensed structure for core market functions.

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Bitcoin Suisse

4 months agoNews Editor

Bitcoin Suisse Wins ADGM License to Expand Regulated Digital Asset Services in the Middle East

Crypto financial services firm Bitcoin Suisse said its subsidiary, BTCS (Middle East) Ltd., has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market. The approval allows the company to provide regulated digital asset services to eligible institutional and professional investors, including custody, spot trading, and derivatives execution and hedging. The development marks another step in Bitcoin Suisse’s compliance and regional expansion efforts in the Middle East. The company has not disclosed additional details such as launch timing or expected client onboarding volumes.

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