Digital asset trading firm QCP Group has received full financial services permission (FSP) from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM).
The company says the licence acquisition in the UAE capital marks a significant expansion of its global footprint and strengthens its services for institutional clients across Asia and the Middle East.
The FSP from ADGM enables QCP to offer a range of regulated digital asset services from its Abu Dhabi base. These services include spot and derivatives trading, market making and structured solutions tailored for institutional and professional clients.
This development builds on QCP’s existing regulatory status in Singapore, where it holds a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS). The company frames the addition of the ADGM licence as creating a dual-regulated anchor across two key financial hubs.
Bridging Asia and Middle East markets
Company leadership highlighted the strategic importance of the Middle East and the goal of connecting regional markets through a regulated framework.
“Receiving our full licence in ADGM is a pivotal moment for QCP and a cornerstone of our global strategy. The Middle East is a vital region for the future of digital assets, and ADGM provides a world-class legal and regulatory framework that allows us to serve our clients with confidence,” said Darius Sit, founder of QCP.
“This achievement complements our licensed headquarters in Singapore and strengthens our ability to bridge the gap between Asia and the Middle East. Our commitment is to bring institutional clients security, transparency, and a seamless 24/7 platform, all built upon a foundation of regulatory integrity.”
Arvind Ramamurthy, chief market development officer at ADGM, said: “We are delighted to welcome QCP Group to ADGM’s vibrant international financial centre. QCP’s focus on regulatory compliance and innovative digital asset solutions aligns seamlessly with ADGM’s vision of fostering a trusted and dynamic financial ecosystem.
“As we continue to attract top-tier financial institutions, ADGM remains committed to enhancing global connectivity and driving the delivery of world-class financial solutions that support sustainable economic growth across the region.”
According to QCP, holding regulated status in both ADGM and Singapore offers institutional clients the ability to engage with a partner that meets the compliance standards of both authorities, allowing for continuous global coverage. QCP Group, established in 2017, provides derivatives trading, spot trading, and structured products to institutional and accredited investors.
