UAE Business: Securrency Capital secures FSP from Abu Dhabi Global Market – Gulf Digital News

UAE Business: Securrency Capital secures FSP from Abu Dhabi Global Market – Gulf Digital News

Securrency Capital, a broker-dealer based on the Abu Dhabi Global Market (ADGM), has secured a Financial Services Permission (FSP) to deal in investments as a matched principal and provide custody for those investments.

The licence from ADGM's Financial Services Regulatory Authority (FSRA) enables Securrency Capital to provide trading of digital assets to a variety of clients, including retail clients.

"We are honoured to have been granted an FSP by ADGM as a Category 3A brokerage," said Amir Tabch, Chairman and CEO of Securrency Capital. "With this license, we will be able to leverage Securrency's unparalleled proprietary asset tokenisation technology, which automates multi-jurisdictional compliance and financial services and enables the movement of regulated value at the speed of tomorrow."

Clawback of value

Securrency Capital is a wholly-owned subsidiary of Securrency, a US-based global financial markets infrastructure technology company that has developed best-in-class proprietary digital asset technology supporting the issuance, governance, and life cycle management of regulatory-compliant tokens, including clawback of value in the event of theft or fraud.

Securrency works closely with world-class institutional banking partners and leading asset managers to enable their seamless transition into the digital assets space. Securrency's deep technology stack, coupled with Securrency Capital's on-chain identity services, allows for secure, transparent ownership