{"id":13797,"date":"2026-05-01T00:28:28","date_gmt":"2026-04-30T20:58:28","guid":{"rendered":"https:\/\/fajr.news\/?p=13797"},"modified":"2026-05-01T00:28:28","modified_gmt":"2026-04-30T20:58:28","slug":"south-korean-crypto-giant-hashed-secures-key-license-in-abu-dhabi-eyes-middle-east-expansion","status":"publish","type":"post","link":"https:\/\/fajr.news\/?p=13797&lang=en","title":{"rendered":"South Korean Crypto Giant Hashed Secures Key License in Abu Dhabi, Eyes Middle East Expansion"},"content":{"rendered":"<p><strong>Abu Dhabi, UAE<\/strong> \u2013 In a significant move signaling the growing convergence of global financial innovation and regional economic ambition, South Korea-based crypto venture firm Hashed has successfully secured regulatory approval to operate within the Abu Dhabi Global Market (ADGM).<\/p>\n<h2>Hashed&#8217;s Strategic Entry into the Middle East<\/h2>\n<p>This landmark approval positions Hashed to significantly expand its footprint into the Middle East&#8217;s meticulously regulated financial zone. The license, granted to Hashed\u2019s group entity, Hashed Global Management Limited (HGML), by the ADGM&#8217;s Financial Services Regulatory Authority (FSRA), empowers the firm to undertake a range of crucial regulated activities.<\/p>\n<p>Under this new framework, HGML is authorized to:<\/p>\n<ul>\n<li>Advise on investments or credit<\/li>\n<li>Arrange deals<\/li>\n<li>Manage assets<\/li>\n<li>Operate collective investment funds<\/li>\n<\/ul>\n<p>This comprehensive permission enables Hashed to engage directly with institutional investors within ADGM\u2019s robust regulatory environment, fostering trust and facilitating secure financial operations.<\/p>\n<h2>Bridging Capital and Innovation<\/h2>\n<p>The firm emphasizes that this strategic license will serve as a vital conduit, connecting substantial Middle Eastern institutional capital with innovative global founders and dynamic markets worldwide. Seokwon Hong, Licensed Director and Senior Executive Officer of HGML, highlighted the forward-looking nature of this development.<\/p>\n<blockquote>\n<p>&#8220;This permission lays the groundwork for HGML to collaborate with Middle Eastern institutional investors within a regulated environment,&#8221; said Hong.<\/p>\n<\/blockquote>\n<p>Hashed plans to leverage this approval to forge stronger investment links between the UAE and South Korea, simultaneously broadening its partnerships across diverse markets and burgeoning ecosystems.<\/p>\n<h2>ADGM: A Hub for Crypto Innovation<\/h2>\n<p>Abu Dhabi Global Market continues to solidify its reputation as a premier financial hub, attracting leading global crypto firms drawn by its commitment to regulatory clarity and a structured operational environment. As a special economic zone with its own independent legal and financial system, ADGM offers a compelling proposition for companies seeking to scale responsibly.<\/p>\n<p>Arvind Ramamurthy, Chief Market Development Officer at ADGM, underscored the market&#8217;s increasing appeal.<\/p>\n<blockquote>\n<p>&#8220;This milestone underscores the growing momentum we are seeing as leading firms choose ADGM and Abu Dhabi to establish and scale their regional operations,&#8221; Ramamurthy stated.<\/p>\n<\/blockquote>\n<p>Recent high-profile approvals for industry giants such as Binance, Circle, and Tether further illustrate the jurisdiction&#8217;s success in attracting major players operating under regulated frameworks. Earlier in March, Ondo Finance also secured ADGM approval to offer tokenized U.S. stocks and exchange-traded funds via a regulated trading venue overseen by the FSRA, demonstrating the breadth of financial innovation being embraced.<\/p>\n<p>These developments collectively paint a picture of ADGM as a pivotal gateway for digital asset firms aiming to tap into the vast potential of the Middle East and beyond.<\/p>\n<p>#Hashed #ADGM #Crypto #MiddleEast #SouthKorea #Fintech #Blockchain #Investment #AbuDhabi #Regulation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abu Dhabi, UAE \u2013 In a significant move signaling the growing convergence of global financial innovation and regional economic ambition, South Korea-based crypto venture firm Hashed has successfully secured regulatory approval to operate within the Abu Dhabi Global Market (ADGM). Hashed&#8217;s Strategic Entry into the Middle East This landmark approval positions Hashed to significantly expand [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-13797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle-east-news"],"_links":{"self":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/13797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13797"}],"version-history":[{"count":0,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/13797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/media\/13798"}],"wp:attachment":[{"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}