Strengthening Digital Asset Trading and Infrastructure in the Region
Galaxy Digital has expanded its presence in the Middle East with the opening of an office in Abu Dhabi. This new facility operates under the regulatory framework of ADGM, the international financial center of the UAE capital. The primary aim of this office is to strengthen institutional digital asset trading operations and provide reliable infrastructure for clients and investors in the region.
The office will be led by Bouchra Darwazah, who holds the position of Managing Director at Galaxy. She will be responsible for overseeing regional expansion, leveraging the firm’s extensive experience, established track record, and significant resources. Michael Novogratz, founder and CEO of Galaxy Digital, emphasized that the new office is designed to foster collaboration with local entities, encourage innovation within the region, and create new opportunities for clients, investors, and counterparties. This initiative further reinforces ADGM’s reputation as a key hub for digital assets.
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Galaxy Digital is already a significant player in the MENA region, managing $17 billion in assets and serving as one of the leading liquidity providers in the digital asset market. Additionally, the company operates 800MW of capacity at its AI/HPC data center campus. This infrastructure development aligns with Abu Dhabi’s strategic goals of becoming a central hub for artificial intelligence and fostering an advanced digital economy.
The arrival of Galaxy Digital is expected to strengthen the ADGM ecosystem, which its authorities consider a reliable and supportive environment for digital asset companies. Arvind Ramamurthy, Chief Development Market Officer at ADGM, highlighted that the firm’s presence underscores the strength and appeal of an ecosystem that effectively combines robust regulation, advanced infrastructure, and global connectivity. Darwazah also noted that the region has increasingly become a strategic hub for investors.
Galaxy Digital: Regulation, Connectivity, and Infrastructure Investments
The expansion into Abu Dhabi also encompasses strategic investments in local infrastructure. In May 2025, Galaxy Digital spearheaded a $12.2 million Series A funding round for Fuze, a regulated digital asset infrastructure firm operating in the Middle East and Turkey. Fuze offers a comprehensive suite of services, including Digital Assets-as-a-Service, an OTC desk, and stablecoin solutions. Through FuzePay, the company also provides payment services, thereby supporting both regional and international growth initiatives.
With the establishment of its new Abu Dhabi office, Galaxy Digital aims to enhance its institutional trading capabilities, bolster its technological infrastructure, and expand its advanced investment products within the Middle East. The company is committed to combining its global experience, cutting-edge infrastructure, and comprehensive regulatory services to effectively serve its sophisticated client base in the region.