QCP Group has announced a major step in its global expansion, securing a full Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM), a leading international financial center in the UAE.
This new license allows QCP, a global leader in digital asset trading, to offer a complete range of regulated digital asset services from its new base in Abu Dhabi. These services include spot and derivatives trading, market making, and customized structured solutions for institutional and professional clients.
The move complements QCP’s existing Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS), strengthening its position as a reliable partner for institutional clients across key financial hubs. The dual-regulated status in both ADGM and Singapore allows QCP to provide a comprehensive suite of digital asset products with uninterrupted global coverage.
Darius Sit, Founder of QCP, highlighted the strategic importance of the new license. “Receiving our full license in ADGM is a pivotal moment for QCP and a cornerstone of our global strategy,” he said. “The Middle East is a vital region for the future of digital assets, and ADGM provides a world-class legal and regulatory framework that allows us to serve our clients with confidence.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed the new addition. “QCP’s focus on regulatory compliance and innovative digital asset solutions aligns seamlessly with ADGM’s vision of fostering a trusted and dynamic financial ecosystem,” he noted. “As we continue to attract top-tier financial institutions, ADGM remains committed to enhancing global connectivity and driving the delivery of world-class financial solutions.”
Established in 2017, QCP Group specializes in providing solutions for institutional, professional, and accredited investors across derivatives, spot trading, and structured products. With offices in both Singapore and Abu Dhabi, the company is focused on improving access and efficiency in the digital asset markets.
