Page 427 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:29 PM Finstreet to launch first regulated digital venue in ADGM for trading both Private and Public Securities
(Collective Investment Fund), Arranging Deals in Investments, Advising on Investments or Credit
and Arranging Custody. All are subject to final regulatory approvals for launch.
As an MTF, Finstreet Global Markets Ltd will provide a secondary market trading facility for
professional clients for securities having their primary market listing on other exchanges

Originally pioneered by its founders in the University of Oxford’s SBS Finance Lab, Finstreet is set
to launch, supported by a top-tier executive team from leading exchanges and financial institutions
globally.

Finstreet's future strategy envisages expansion into a full suite of assets, including commodities,
following IHC’s recent announcement of Rorix Holdings, which aligns with the UAE's CEPA
strategy to enhance global finance and trade facilitation.

Abu Dhabi, UAE – Rorix Holdings’ subsidiary, Finstreet, announces the granting of eight licences to its
subsidiary entities to launch the first Digital MTF, Central Securities Depository, Private Financing

Platform under one ecosystem. This category defining financial market infrastructure, and its
combination of activities, makes it the first of its kind to operate across the global markets from Abu
Dhabi’s ADGM. Following direct application of English common law under the regulation and supervision
of the FSRA, Finstreet provides a platform for transitioning towards the future of capital markets as they

respond to the opportunities presented by new technologies.

Finstreet’s three subsidiaries will be the first regulated, global market infrastructure to offer an end-to-
end hybrid traditional and blockchain-powered ecosystem to investors and issuers, covering the full
lifecycle of financial assets, including origination, issuance, trading, settlement and custody.

Dr. Thani bin Ahmed Al Zeyoudi, the Executive Chairman of Rorix Holdings stated: “Today's launch

of Finstreet and the granting of its FSP license by ADGM's Financial Services Regulatory Authority is a
testament to the UAE's commitment to embracing technological advancement and enabling inclusive
global trade. I am certain that Finstreet's digitized trade exchange platform will provide markets with a
holistic approach towards international trade and bring a new standard to capital markets on a global

scale.”

H.E. Ahmed Jasim Al Zaabi, the Chairman of Abu Dhabi Global Market (ADGM) stated: “Finstreet’s
pioneering initiative embodies ADGM’s unwavering commitment to driving innovation and redefining the
future of global finance. By establishing the first regulated digital market for the trading of both public and
private securities within our jurisdiction, we are further solidifying Abu Dhabi’s status as a premier global

financial hub. This launch not only reinforces our strategic vision of positioning Abu Dhabi at the heart of
global finance but also propels economic growth and enhances connectivity across the global
marketplace."

Ajay Hans Raj Bhatia, the Chief Executive Officer of Sirius International Holding and Managing

Director of Finstreet said: "With this initiative, we further our mission to diversify UAE’s economic
growth agenda. Finstreet provides a foundation for a new, innovative infrastructure to allow global

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