Page 435 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

Finstreet, a Rorix Holdings Company, to Launch

First Regulated Digital Venue in ADGM for trading

both Private and Public Securities

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Finstreet, an IHC Group company through Rorix Holdings, unveils a bold mission to create greater
liquidity for securities and other financial assets Summary : Finstreet’s group of subsidiaries cons…

Finstreet, an IHC Group company through Rorix Holdings, unveils a bold mission to create greater
liquidity for securities and other financial assets

Summary :

Abu Dhabi, UAE – Sept 9, 2024 – 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.”

https://www.iheartemirates.com/news/finstreet-a-rorix-holdings-company-to-launch-first-
regulated-digital-venue-in-adgm-for-trading-both-private-and-public-securities