GFO-X Expands Regulatory Footprint with Abu Dhabi Approval for Digital Asset Exchange
Abu Dhabi Global Market has granted GFO-X Group in-principle approval to establish a regulated digital asset exchange and clearing house, marking a strategic expansion beyond its UK operations. The Financial Services Regulatory Authority of ADGM authorized Global Futures and Options Abu Dhabi Exchange Limited and GFO-X Abu Dhabi CCP Limited as Recognized Investment Exchange and Recognized Clearing House, respectively, with operations targeting a 2026 launch.
The Abu Dhabi venue will operate 24/7, enabling digital assets as margin within a centrally cleared framework—a model designed to mitigate counterparty risk and collateral inefficiencies that have historically constrained institutional participation. The exchange will list cash-settled and physically delivered derivatives alongside other products, catering to both traditional institutions and crypto-native investors.
CEO Arnab Sen described the milestone as pivotal for creating a globally interconnected marketplace for digital asset derivatives. ADGM's regulatory framework continues to attract crypto enterprises, reinforcing Abu Dhabi's position as a hub for compliant digital asset innovation.