Discover Finstreet's First ADGM-Regulated Venue for Digital Securities Trading

Rorix Holdings' subsidiary, Finstreet, has announced the issuance of eight licences to its subsidiary entities. These licences will enable the launch of the first Digital MTF, Central Securities Depository, and Private Financing Platform within a single ecosystem. This unique financial market infrastructure will operate globally from Abu Dhabi's ADGM.

Finstreet's three subsidiaries will be the first regulated global market infrastructure to offer a hybrid traditional and blockchain-powered ecosystem. This platform covers the entire lifecycle of financial assets, including origination, issuance, trading, settlement, and custody.

Innovative Financial Market Infrastructure

Dr. Thani bin Ahmed Al Zeyoudi, Executive Chairman of Rorix Holdings, remarked: "Today's launch of Finstreet and the granting of its FSP license by ADGM's Financial Services Regulatory Authority is a testament to the UAE's commitment to embracing technological advancement and enabling inclusive global trade. I am certain that Finstreet's digitized trade exchange platform will provide markets with a holistic approach towards international trade and bring a new standard to capital markets on a global scale."

H.E. Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Global Market (ADGM), stated: "Finstreet's pioneering initiative embodies ADGM's unwavering commitment to driving innovation and redefining the future of global finance. By establishing the first regulated digital market for the trading of both public and private securities within our jurisdiction, we are further solidifying Abu Dhabi's status as a premier global financial hub. This launch not only reinforces our strategic vision of positioning Abu Dhabi at the heart of global finance but also propels economic growth and enhances connectivity across the global marketplace."

Commitment to Technological Advancement

Ajay Hans Raj Bhatia, CEO of Sirius International Holding and Managing Director of Finstreet, commented: "With this initiative, we further our mission to diversify UAE's economic growth agenda. Finstreet provides a foundation for a new, innovative infrastructure to allow global financial market participants to both realise their own capital raising ambitions and participate in the substantial growth story of UAE-based firms."

Sunidhi Pasan, CEO of Finstreet Limited added: "By harnessing Finstreet's innovative infrastructure and deep market knowledge, we are opening up new avenues for investment and trading for issuers and investors both in the region and abroad."

This category-defining financial market infrastructure combines various activities under one roof. It is designed to operate across global markets from Abu Dhabi’s ADGM. The platform adheres to English common law under FSRA regulation. The introduction of this platform signifies a shift towards future capital markets leveraging new technologies. It aims to provide an end-to-end solution for investors and issuers worldwide.

The launch underscores Abu Dhabi’s ambition to be at the forefront of global finance while fostering economic growth through enhanced connectivity.