Hashed Global Management Receives Financial Services Authorization from ADGM

Hashed Global Management Gains Financial Services Permission in ADGM

Hashed Global Management Limited (HGML), a part of the global venture capital group Hashed, has achieved a significant milestone by receiving financial services permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This approval enables HGML to conduct regulated financial activities from within the ADGM, encompassing investment advisory services, organization of investment operations, asset management, and collective investment fund management.

The ADGM is recognized for its progressive regulatory framework regarding fintech, digital assets, and emerging financial technologies. This pivotal authorization allows Hashed to establish its official operational base for institutional activities in the UAE and the Gulf Cooperation Council (GCC), fostering stronger connections between its global capital network and local institutional investors.

With its presence in the ADGM, Hashed aims to act as a strategic bridge between the UAE and GCC regions, and the innovation networks established in South Korea and Asia. This initiative is anticipated to enhance investment connectivity, foster international partnerships, and support long-term collaboration between regional capital sources and globally connected founders and ecosystems.

Simon Kim, CEO of Hashed, expressed his enthusiasm about the move, stating, "Abu Dhabi stands out as a leader in the global digital financial infrastructure. Establishing a commercial base within the regulatory environment of ADGM reflects Hashed's commitment to build a trusted business in this region over the long term."

Seokwon Hong, a licensed executive at HGML, added, "This authorization allows us to engage with institutional investors in the Middle East within a regulated environment. Through our partnership with ADGM, we will work together to contribute to shaping the policy and market landscape."

Arvind Ramamurthy, Director of Market Development at ADGM, congratulated HGML on its FSP approval, stating, "This achievement highlights the growing momentum we observe as leading companies choose ADGM and Abu Dhabi to set up and expand their regional operations. ADGM remains committed to providing a reliable and forward-looking regulatory environment, along with a world-class ecosystem that fosters innovation, strengthens international connectivity, and facilitates long-term growth."

Hashed has previously partnered with ADGM to co-host the "Web3 Leaders Roundtable" during the Abu Dhabi Finance Week (ADFW) in 2025, focusing on the convergence of AI and blockchain-based financial infrastructure. The discussions centered around blockchain's role as a native infrastructure for AI, the transformations instigated by tokenization, and regulatory considerations for institutional investors. Esteemed participants included representatives from ADIA, DTCC, Franklin Templeton, BlackRock, Circle, Consensys, and the Solana Foundation, with resulting discussions summarized in a strategic report.

With HGML now positioned within ADGM, its prospects for enhancing financial services and fostering innovative ecosystems appear promising. The authorization will facilitate deeper collaboration with regional institutional investors while contributing to the evolution of a robust financial landscape in the UAE and beyond. HGML's vision to leverage Abu Dhabi as a key operational hub reflects the ongoing global shifts towards digital finance and investment pathways in a rapidly changing economic environment.