Galaxy Digital, a leading global digital asset and blockchain-focused financial services firm, has officially announced its expansion into the Middle East with the opening of a new office in Abu Dhabi. This strategic move marks a significant milestone for the company as it strengthens its global footprint and taps into the rapidly growing digital asset market across the MENA region. The firm’s presence in Abu Dhabi is expected to enhance regional access to institutional-grade crypto trading, asset management, and advisory services.
The Middle East, particularly the United Arab Emirates, has emerged as a global hub for blockchain innovation and crypto-friendly regulation. Abu Dhabi’s progressive regulatory environment, supported by the Abu Dhabi Global Market (ADGM), provides a secure framework for digital asset companies seeking clarity and stability. For Galaxy, this environment offers an ideal launching point to expand its institutional services and deepen engagement with sovereign wealth funds, asset managers, fintech startups, and family offices operating across the region.
The expansion comes at a time when demand for digital asset solutions is surging throughout the Middle East. High-net-worth individuals and major financial institutions in the region are exploring tokenization, digital asset custody, Bitcoin and Ethereum investment products, and blockchain-based infrastructure. Galaxy aims to meet this demand by offering its suite of trading, lending, asset management, and Web3 ecosystem services tailored to local market needs.
Michael Novogratz, CEO of Galaxy Digital, emphasized that the Middle East represents one of the most important global markets for the future of digital finance. The firm’s Abu Dhabi presence underscores its commitment to supporting regulated innovation and forming long-term partnerships with institutional clients. Novogratz highlighted that Abu Dhabi’s business-friendly policies, strong capital markets, and government support for technology make it an attractive base for global crypto firms looking to scale.
The new Abu Dhabi office will also support Galaxy’s efforts to drive blockchain adoption through education, collaboration, and investment. By working closely with regulators and financial institutions, Galaxy aims to help shape the region’s digital asset framework and promote responsible growth. The company plans to hire local talent and establish a strong on-the-ground team capable of delivering regional support and building lasting client relationships.
Galaxy’s expansion follows a broader trend of crypto and fintech companies moving into the UAE, which has positioned itself as a world-leading center for digital asset regulation. The region’s focus on transparency, investor protection, and compliance aligns with Galaxy’s mission to operate with institutional-grade standards.
In summary, Galaxy Digital’s new Abu Dhabi office marks a major step in its global growth strategy and underscores the rising prominence of the Middle East in the digital asset economy. With a supportive regulatory environment and increasing institutional interest, the region offers a prime opportunity for Galaxy to scale its services and play a central role in shaping the future of blockchain finance in the MENA market.
