Galaxy Digital Expands into UAE with Abu Dhabi Office Opening
Galaxy Digital, the digital asset firm led by Mike Novogratz, has established a new entity in Abu Dhabi Global Market (ADGM), marking its strategic push into the Middle East. The move capitalizes on growing institutional demand for regulated crypto services in the region.
The Abu Dhabi office strengthens Galaxy's three-continent footprint, positioning it at the heart of ADGM's financial hub. Novogratz framed the expansion as a gateway for regional collaboration, noting 'this milestone paves the way for greater innovation in the UAE.'
The announcement reflects a broader trend of crypto firms targeting Middle Eastern markets, where progressive regulatory frameworks intersect with institutional capital flows. Abu Dhabi continues to emerge as a focal point for digital asset infrastructure development.