Galaxy Digital enters the UAE with new ADGM office

Galaxy Digital Inc., a global leader in digital assets and data center infrastructure, has expanded its presence in the UAE through an office in ADGM’s international financial center to support institutional-grade digital asset trading and infrastructure in the MENA region.

Galaxy already has $17 billion of assets on its platform and is one of the world’s leading providers of liquidity in the digital asset space. It also has an 800MW Total Approved Capacity at Galaxy’s AI/HPC Data Center Campus.

Galaxy’s scope of services meets Abu Dhabi’s aim to be a leading AI City and digital economy center. Michael Novogratz, Founder and CEO of Galaxy, has said, “We believe blockchain and AI innovations will permeate and improve all aspects of life.”

The Galaxy office in ADGM will be led by Bouchra Darwazah, a Managing Director at Galaxy, who will be responsible for expanding Galaxy’s presence in the region by leveraging the firm’s deep experience, track record, and resources.

Mike Novogratz, Founder and CEO of Galaxy, noted that the office in ADGM UAE paves the way for greater collaboration and innovation in the UAE, and will strengthen ADGM’s reputation as a hub for digital asset innovation.

He added, “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.”

Arvind Ramamurthy, Chief Development Market Officer, ADGM, welcomed Galaxy Digital, which reflects the appeal of ADGM’s progressive ecosystem. He explained, “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 centers in the world.”

Darwazah added, “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.”

Galaxy Digital invested $12.2 million in UAE regulated Fuze

In May 2025, Galaxy led a $12.2 million Series A funding round in Fuze, the Middle East and Turkey’s digital assets infrastructure firm. The series A investment round aimed to support Fuze’s regional and international expansion.

Fuze provides Digital Assets-as-a-Service infrastructure enabling financial institutions and businesses across MENA and Turkey to offer regulated digital assets to their clients, as well as an Over-The-Counter (OTC) trading desk.

In addition, Fuze has now launched a full suite of stablecoin infrastructure products and recently announced its expansion, through FuzePay, into payments.

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