Switzerland-based crypto finance firm Bitcoin Suisse has gained Financial Services Permission for its Abu Dhabi subsidiary, BTCS Middle East, within the international financial center ADGM. ADGM refers to the Abu Dhabi Global Market, a major regional financial hub. Thanks to this approval, the company is now authorized to offer regulated digital asset services to institutional and professional clients in the United Arab Emirates.
Licensing process successfully completed
According to the announcement, BTCS Middle East completed a multi-stage, comprehensive licensing process to secure the Financial Services Permission. The license paves the way for the company to deliver regulated digital asset financial services in the UAE market. Planned services include institutional-grade custody, trading of approved virtual assets, and advanced infrastructure to meet the needs of sophisticated investors.
Bitcoin Suisse has been active in the digital assets sector for over a decade. The total value of crypto assets under its custody stands at approximately $3.7 billion. Additionally, the group is recognized as the fourth largest global operator in staking services.
BTCS Middle East CEO Ceyda Majcen highlighted that obtaining the Financial Services Permission from FSRA marks a significant milestone in the firm’s international growth strategy. Majcen emphasized that this accreditation reflects over ten years of experience in building resilient infrastructure, robust risk frameworks, and trust-based client relationships.
Targeting institutional clients
The firm stated that the new structure is specifically designed to address the complex requirements of institutional and professional investors. Within this framework, clients will gain access to regulated offerings for managing digital asset positions and risk hedging. Bitcoin Suisse aims to broaden its local presence beyond trading activities, strengthening its position across a wider range of financial services in the region.
BTCS Middle East also has future plans to facilitate client access to tokenized real-world assets, supporting expanding investor demand in the near term.
Mini glossary: Tokenized real-world assets refer to the digital representation of traditional assets such as bonds, real estate, or funds on a blockchain. This model enables more efficient trading and fractional ownership of specific assets in digital form.
Support from ADGM leadership
Arvind Ramamurthy, ADGM’s Head of Market Development, congratulated Bitcoin Suisse on earning its license and expanding within ADGM. Ramamurthy underscored that this development further bolsters ADGM’s position as a strong, mature digital asset ecosystem.
He also pointed out that as Abu Dhabi cements its reputation as a leading financial center, ADGM continues to foster innovation within a robust and internationally recognized regulatory framework.
Expansion efforts in Europe
The international expansion of Bitcoin Suisse did not stop in the Middle East. Two weeks ago, its European subsidiary, Bitcoin Suisse Europe, secured a crypto asset service provider license from the Liechtenstein Financial Market Authority under the MiCAR framework. With this license, the European branch is now authorized to serve clients in selected markets across the European Economic Area.
Roman Przibylla will lead the company’s expansion in Europe. The newly acquired authorization in Abu Dhabi underlines the group’s ongoing strategy to focus on regulated markets both in Europe and the Middle East.
