Galaxy Digital Launches ADGM Office as It Extends Its Presence in the UAE

The new Abu Dhabi entity establishes a foothold for Galaxy in a jurisdiction that has attracted global attention both for its business-friendly environment and its growing reputation as a hub for financial firms. While regulatory frameworks continue to evolve around the world, regions such as the UAE have positioned themselves as destinations where firms can operate with clarity and engage with a diverse set of market participants.

Galaxy's decision to establish itself in ADGM is framed as part of a broader effort to meet rising institutional interest in digital assets through regulated, professional infrastructure.

Galaxy's expansion to Abu Dhabi is supported by the leadership team that has been closely involved with clients and partners across the region. The new office will be spearheaded by Bouchra Darwazah, Managing Director at Galaxy, who will oversee the firm's growth strategy in the Middle East. Her mandate includes building relationships with investors, supporting local engagements, and positioning the company for demand in institutional-grade services. The firm referred to the region as one of the fast-evolving financial landscapes that is also home to some of the most sophisticated market participants and an increasingly active digital asset community.

Mrs. Darwazah emphasized the region’s importance to Galaxy, describing its momentum and strategic value. “The Middle East is a rapidly growing financial hub that is home to some of the world’s most sophisticated investors and innovators,” she said. She further noted that “It has become a particularly influential region for our investors, clients, and portfolio companies, and we believe this office will help establish new opportunities as a leading global digital assets investment and infrastructure firm.”

Arvind Ramamurthy, Chief Development Market Officer at ADGM, welcomed the move, stating, “We welcome Galaxy Digital to Abu Dhabi as a global leader in digital assets and data centre infrastructure. Their decision to establish an office here reflects the strength and appeal of ADGM’s progressive ecosystem, which offers a robust regulatory framework, world-class infrastructure, and a collaborative environment for innovation. ADGM continues to serve as a trusted hub for digital asset companies, enabling growth, security, and global connectivity in one of the most dynamic financial centres in the world.”

Mike Novogratz, Founder and CEO of Galaxy, highlighted the significance of the development, noting that “As we continue to expand our operations and deepen our partnerships around the world, this milestone paves the way for greater collaboration and innovation in the UAE.” He added that “This milestone unlocks new opportunities for Galaxy and strengthens ADGM’s reputation as a hub for digital asset innovation. We look forward to leveraging our enhanced positioning to meet the evolving needs of existing and new clients, investors and counterparties for years to come.”

All these things further operationalize Galaxy's strategy by establishing a physical office in ADGM. The company operates across several business lines, including trading, asset management, infrastructure solutions, and advisory services, and sees international hubs as essential for delivering institutional-grade capabilities. As more financial firms, corporates, and investors explore digital asset strategies, proximity to major regional markets enables Galaxy to respond more effectively to demand, support local initiatives, and expand its service offerings.

The firm pointed out that the Middle East has become an increasingly important region for many of its clients. Over the years, Galaxy has strengthened relationships with institutions, founders, and innovators from across the area who have shown active interest in blockchain technology, digital asset infrastructure, and integrating new financial systems. This activity, combined with a regulatory environment that has favored transparency and structured oversight, has created conditions that are in alignment with Galaxy's corporate direction.

The ADGM office is also a reflection of Galaxy's continued momentum as a global firm. Throughout the periods of volatility common in the digital asset industry, the company has maintained a strategy centered on long-term expansion, infrastructural development, and institutional engagement. Setting up a regional office means the company can support market participants where interest is growing organically, without having to affect such interest via solely remote or centralized operations.

More broadly, the Middle East has emerged as a region of various blockchain-related explorations, including the use cases of tokenization, digital finance pilots, and technology-driven financial infrastructure. This is part of a global trend where institutions, regulators, and investors alike are on the lookout for secure platforms to underpin digital asset activity. Galaxy's presence within the ADGM enables the firm to further contribute to these developments while offering its suite of services to regional partners in a regulated environment.

Galaxy emphasized that the Abu Dhabi office represents a part of its long-term commitment to building an international organization capable of supporting the digital asset evolution across multiple markets. The firm described regulatory clarity, institutional demand, and technological progress as core drivers that consider where it plants operations. In a world where jurisdictions are still fleshing out how they will oversee digital asset activity, international footprints are likely to increasingly position themselves to operate across multiple regions at once.

Opening the ADGM office is expected to deepen Galaxy's engagement with a range of market participants in the Middle East, from institutional investors to technology founders and corporate partners. The company framed the launch as both a strategic milestone and the beginning of a broader effort to contribute to the region's expanding role in global digital finance.

The move reflects Galaxy's leadership signaling that the firm would continue to evaluate opportunities across the Middle East both as demand grows and as financial jurisdictions continue strengthening their regulatory and operational foundations. With the new Abu Dhabi entity now formally established, Galaxy will be positioned to support clients locally while integrating regional activity into its global operations.