Galaxy expands to UAE as part of Middle East push
Digital asset company Galaxy is opening a new office in Abu Dhabi's ADGM as part of its Middle East expansion strategy.Summary
Galaxy, a digital asset management and infrastructure company, announced plans to establish a new office and entity in Abu Dhabi under the Abu Dhabi Global Market (ADGM) registration authority. CEO Mike Novogratz stated this move is part of a strategy to expand existing partnerships and operations. Managing Director Bouchra Darwazah highlighted the Middle East as a rapidly growing financial hub with sophisticated investors, believing the new office will create opportunities for Galaxy as a leading global digital assets firm. This expansion follows Galaxy's strong Q3 2025 performance and its history of major crypto investments. The UAE, particularly ADGM, has recently become a key regulatory hub, granting approvals to numerous crypto companies like Binance, Bybit, and recognizing stablecoins such as Tether's USDt and Circle's USDC.
(Source：Cointelegraph)