2.7 C
New York
Thursday, December 18, 2025

Galaxy Middle East: Expansion gains momentum with Abu Dhabi launch

Galaxy Middle East expansion is officially underway as the company opens a new office inside the Abu Dhabi Global Market, one of the fastest growing digital asset jurisdictions. The firm confirmed that its move into the capital aligns with its long term strategy to expand across regions showing strong institutional demand for digital asset infrastructure.

Founder and CEO Mike Novogratz said the decision reflects the company’s commitment to build deeper partnerships across global financial hubs. Abu Dhabi’s regulatory clarity, maturing capital base and rapid fintech momentum have made it a natural destination for firms seeking stable operating environments.

Galaxy will operate under the ADGM framework, reinforcing its push to connect institutional investors with digital asset markets through regulated channels. The financial center has become a magnet for blockchain companies, attracting both exchanges and stablecoin issuers seeking compliant pathways.

Galaxy Posts Strong Q3 as It Joins $1.65B Solana Fund

The timing of the expansion is notable. Galaxy posted 505 million dollars in net income for the third quarter of 2025 and reported 3.2 billion dollars in equity. The firm has gained momentum across trading, asset management and infrastructure, positioning itself as one of the most active global companies in digital finance.

Galaxy has also joined a planned 1.65 billion dollar Solana treasury fund alongside Cantor Fitzgerald, Multicoin Capital and Jump Crypto. The collaboration signals strong institutional interest in the Solana ecosystem and reflects Galaxy’s broader strategy of supporting high speed blockchain networks.

Managing director Bouchra Darwazah described the Middle East as a center of capital and innovation. She said the region’s investor base has shown growing sophistication and demand for regulated digital asset products. The new office, she added, strengthens Galaxy’s ambition to become a leading provider of digital asset investment and infrastructure services worldwide.

Also Read:- RWA Tokens: Endure Market Volatility Through Long-Term Commitment

Galaxy Middle East Expansion aligns with rapid UAE regulatory growth

The UAE continues to attract major crypto companies looking for predictable regulation and stable licensing pathways. Both Dubai and Abu Dhabi have approved registrations for major global exchanges, including Binance and Bybit, over the past year. The region’s appeal is reinforced by its transparent frameworks for token issuance, stablecoin management and financial service authorization.

Stablecoin firms have also made significant progress. ADGM recently allowed regulated entities to issue Ripple’s RLUSD stablecoin and recognized Tether’s USDt as an accepted fiat referenced token. Circle received authorization to operate as a financial service provider, creating more opportunities for USDC adoption across the Middle East.

Regulatory clarity has become a critical factor driving institutional deployment. By offering structured rules for asset custody, trading, settlement and stablecoin circulation, Abu Dhabi has positioned itself as a global competitor to Singapore, Hong Kong and major European financial hubs.

Also Read :- Crypto Market Pullback: Ether, Solana and Dogecoin Drop as Bitcoin

Coincides with key approvals for industry giants

Tether confirmed that its USDT stablecoin is now recognized inside the ADGM across multiple blockchains. These include Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON. This adds to earlier recognition on Ethereum, Solana and Avalanche.

On Monday, Binance announced that it has secured full authorization to operate its flagship platform under ADGM oversight. The company will operate through three separate entities: an exchange, a clearing house and a broker dealer. This mirrors traditional financial market structures and supports regulated trading, custody, settlement and off exchange services.

Galaxy’s arrival reinforces the UAE’s strategy to build a global digital asset ecosystem powered by institutional participation, clear regulatory standards and innovation across stablecoins, blockchain settlement and investment services.

Marks a new phase for institutional Crypto growth

Galaxy’s move into Abu Dhabi signals more than geographical expansion. It reflects the ongoing shift of digital asset firms toward well regulated jurisdictions with strong governance, deep capital markets and long term policy clarity. The Middle East has become a core region for this evolution, offering both market access and regulatory certainty.

With strong quarterly performance, new strategic partnerships and an expanding global footprint, Galaxy is positioning itself to capture the next phase of institutional demand. As Abu Dhabi continues to secure major stablecoin and exchange approvals, the region’s importance in global digital finance will only grow.

John Collins
John Collins
John is an esteemed journalist and author renowned for their incisive reporting and deep insights into crypto, blockchain, and trending technology. Specializes in delivering fast, accurate updates and simplifying complex digital assets into clear, actionable insights for readers. John aims to provide the essential information needed to stay informed.

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.