The fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds
FSRA
Latest in FSRA
Abu Dhabi
ADGM RA fines Christopher Flinos, AC Holding for cryptocurrency conversion violations
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and offering financial services to clients
Abu Dhabi Global Market
ADGM financial regulator imposes $8.85mn in penalties on Hayvn Group for regulatory breaches
The investigation resulted in the cancellation of Hayvn ADGM’s Financial Services Permission, and an indefinite prohibition on former CEO Christopher Flinos
Abu Dhabi Global Market
Asset manager Polen Capital to open Abu Dhabi office in Mideast expansion push
The US major, with around $63 billion in assets under management as of September 30, will join global asset managers and hedge funds in establishing a presence in ADGM
Abu Dhabi
UAE digital asset custodian Tungsten launches in Abu Dhabi
The launch positions the UAE as a hub for regulated digital asset services and provides regional investors with a secure local option for crypto custody
Abu Dhabi
Indian venture debt fund Stride Ventures obtains initial approval from ADGM
The company said it will establish an exclusive fund in the Abu Dhabi Global Market with strategic focus on investments within the Arabian Gulf region
Abu Dhabi Global Market
Digital custody and wallet infrastructure venture Liminal secures ADGM in-principle approval
The company said the approval marks an important milestone in its growth plans in the region
Abu Dhabi Global Market
Binance gets financial services permission from Abu Dhabi Global Market
The Financial Services Regulatory Authority approval enables the blockchain giant to provide custody to professional clients
Abu Dhabi
ADGM slaps $4.76 million fine on Elia, Babar Abbas
Abbas is Elia’s sole shareholder and former director
Abu Dhabi Global Market
Abu Dhabi’s FSRA issues discussion paper to evaluate regulation, risks, and opportunities in decentralised finance
The FSRA has issued this discussion paper to foster dialogue amongst the DeFi community, including financial institutions, digital asset businesses, and policy makers
Abu Dhabi
Binance receives initial nod from Abu Dhabi’s FSRA to operate as a broker-dealer in virtual assets
After successfully completing its ADGM FSRA application, Binance will able to offer its virtual assets services and offerings to customers across the MENA region through its subsidiary, Binance (AD) Limited
Abu Dhabi
ADGM asset manager waives fees for Abu Dhabi Golden Visa holders and government employees
FinaMaze adopts a human-AI approach to automatically build and rebalance personalised “smartfolios”, in line with each investor’s risk profile
Abu Dhabi
Abu Dhabi’s ADGM, FSRA look to amend framework on virtual assets, spot commodities, and emissions
Proposed changes include amendments to the risk disclosure requirements, and allowing regulated MTF/custodian groups within ADGM to conduct non-fungible token (NFT) activities
Abu Dhabi Global Market
Abu Dhabi’s financial regulator opens up ADGM to local, global digital banks
The Financial Services Regulatory Authority (FSRA) will require digital banks to have a base capital requirement of $10m