Galaxy Digital Expands to Abu Dhabi, Reinforcing Middle East Crypto Presence

Source: DefiPlanet Original Title: Galaxy Digital Expands to Abu Dhabi, Reinforcing Middle East Crypto Presence Original Link: https://defi-planet.com/2025/12/galaxy-digital-expands-to-abu-dhabi-reinforcing-middle-east-crypto-presence/

Quick Breakdown

• Galaxy Digital opens an Abu Dhabi office under ADGM, expanding its Middle East crypto footprint.
• Focus on institutional-grade digital asset trading, blockchain infrastructure, and innovation.
• UAE expansion strengthens Galaxy’s global presence and regional partnerships.

Overview

Galaxy Digital Inc. has announced the opening of a new office and entity in Abu Dhabi under the Abu Dhabi Global Market (ADGM) Registration Authority. The move strengthens Galaxy’s footprint across three continents and positions the UAE as a strategic hub for crypto innovation in the Middle East.

Abu Dhabi Office to Drive Crypto Infrastructure and Institutional Adoption

The Abu Dhabi office will be led by Managing Director Bouchra Darwazah, who will oversee regional operations and drive institutional engagement. The expansion highlights Galaxy’s commitment to supporting institutional-grade digital asset trading, infrastructure, and blockchain innovation. Founder and CEO Mike Novogratz stated that the office unlocks opportunities for partnerships and growth while reinforcing ADGM’s reputation as a global digital asset hub.

Strengthening the Regional Crypto Ecosystem

Galaxy’s UAE expansion reflects the region’s growing influence in the blockchain and digital asset space. Arvind Ramamurthy, Chief Development Market Officer, emphasized that ADGM provides a robust regulatory framework, world-class infrastructure, and a collaborative environment ideal for crypto firms. Darwazah added that the office will enable Galaxy to capitalize on the Middle East’s sophisticated investor base and innovative market opportunities, establishing the company as a leading player in regional digital finance.

The office launch also strengthens Galaxy’s ability to provide institutional clients with advanced trading, custody, and data centre solutions. The company plans to leverage its global experience and resources to help market participants navigate the evolving digital asset ecosystem. Galaxy’s presence in Abu Dhabi complements its broader strategy to integrate blockchain infrastructure with global financial markets, further bridging traditional finance with digital assets across key international hubs.

This expansion signals a significant step for both Galaxy and the UAE, underlining the region’s rising prominence in global crypto adoption and institutional blockchain infrastructure.

Recent Strategic Investment

In another development, Galaxy Digital executed a major on-chain purchase of 1.2 million Solana (SOL) tokens, worth $306 million, in a single day. The acquisition, tracked by Lookonchain, involved multiple exchanges and was transferred to the crypto custody platform Fireblocks, demonstrating Galaxy’s continued commitment to strategic digital asset investments.