Page 443 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/19/24, 2:31 PM PRESSR: Finstreet to launch first regulated digital venue in ADGM for trading both Private and Public Securities — TradingView Ne…
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

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