Zodia Markets, a digital asset platform backed by Standard Chartered, has obtained In-Principle Approval (IPA) from Abu Dhabi Global Market (ADGM). This IPA paves the way for Zodia Markets to receive Financial Services Permission (FSP) and engage as a regulated OTC broker-dealer in virtual assets. The move aligns with the UAE’s emergence as a digital asset hub, offering Middle East and Africa institutional investors access to this growing asset class.
Zodia Markets Secures In-Principle Approval from Abu Dhabi
