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Galaxy Expands to Abu Dhabi to Strengthen Digital Asset Operations

Galaxy Expands to Abu Dhabi to Strengthen Digital Asset Operations

Author:

Global Cryptocurrency

Published:

2025-12-10 19:12:02

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BTCCSquare news:

Galaxy, a leading digital asset management firm, has opened a new office in Abu Dhabi under ADGM registration. The move capitalizes on the UAE's emergence as a key hub for crypto enterprises, joining industry giants like Binance and Bybit in the region.

The expansion follows Galaxy's strong Q3 2025 performance, which saw $505 million net income. Abu Dhabi's progressive regulatory framework and growing institutional interest in digital assets make it a strategic gateway for Galaxy's Middle Eastern operations.

CEO Mike Novogratz highlighted the region's sophisticated investor base and evolving financial infrastructure as key drivers for the expansion. The new entity will focus on institutional partnerships and regional market development.

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