The digital asset manager has secured preliminary regulatory approval to establish a presence in Abu Dhabi Global Market.
3iQ Middle East, the UAE-based sister company of digital asset manager 3iQ Corp, has received in-principle approval for a Category 4 licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). 3iQ provides investment products and managed account solutions The approval is a step towards establishing a regulated presence in Abu Dhabi. The company will still need to progress through the licensing process. The development follows 3iQ’s strategi