Page 440 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:31 PM Rorix Holdings’ Finstreet obtains FSP license by ADGM FSRA
Following the 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.

“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 Dr. Thani bin Ahmed Al
Zeyoudi
UAE Minister of State
trade. I am certain that Finstreet’s digitized Foreign Trade,
Executive Chairman
trade exchange platform will provide markets Rorix Holdings

with a holistic approach towards international trade and bring a

new standard to capital markets on a global scale.”

Ahmed Jasim Al Zaabi, the Chairman of Abu Dhabi Global Market (ADGM), said

that, “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

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