Bitexen MENA and Bitexen Custody obtained financial services permissions from the FSRA of ADGM
Summary
Bitexen MENA and Bitexen Custody received Financial Services Permissions from the FSRA of Abu Dhabi Global Market to operate a Multilateral Trading Facility for virtual assets and fiat-referenced tokens and to provide custody services, respectively. The approvals position Bitexen Group to establish ADGM as its operational hub for regulated entities and to expand its institutional and retail digital asset offerings across the MENA region. The move underscores the group's focus on regulatory compliance, institutional-grade security, and building tokenisation infrastructure for real-world and blockchain-native financial products. Bitexen aims to deploy a comprehensive ecosystem for trading and safekeeping of digital assets within one of the leading regulatory jurisdictions for digital assets.