The Standard Chartered-backed platform can now operate as a crypto broker in the UAE.
The new UAE unit is the fourth operating entity of Zodia.
Abu Dhabi Skyline
Zodia Markets, backed by Standard Chartered, has received a new operational license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage.
Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited.
Targeting the Middle East
“Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive Officer for Zodia’s UAE entity.
“It’s an exciting growth phase for us as new and existing clients alike will benefit from our global network, connectivity, and capability,” he added.
He further highlighted that Zodia is considering building a trading and innovation hub under the ADGM framework to offer services across markets globally.
Zodia Markets provides over-the-counter (OTC) trading services specifically for institutions. It supports over 50 digital assets and more than 20 fiat currencies. Recently, it also acquired Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard.
Apart from the UAE entity, the crypto platform is operated by three other entities in Jersey, Ireland, and the United Kingdom. All the entities offer the same digital asset solutions to clients.
A Favoured Jurisdiction for Crypto
Arvind Ramamurthy, ADGM’s Chief Market Development Officer; Photo: LinkedIn
Notably, several other crypto companies have also received approval from the Abu Dhabi regulator. Paxos, Binance, and eToro are among the names that have gained licenses from the ADGM in recent years.
“The robust regulatory framework at ADGM is designed to support firms like Zodia Markets, ensuring that their clients benefit from the highest levels of trust, security, and governance,” said Arvind Ramamurthy, ADGM’s Chief Market Development Officer.
“Their decision to establish a presence in ADGM underscores our commitment to fostering a vibrant, yet regulated environment for innovative financial services companies,” he explained.
Zodia Markets, backed by Standard Chartered, has received a new operational license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage.
Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited.
Targeting the Middle East
“Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive Officer for Zodia’s UAE entity.
“It’s an exciting growth phase for us as new and existing clients alike will benefit from our global network, connectivity, and capability,” he added.
He further highlighted that Zodia is considering building a trading and innovation hub under the ADGM framework to offer services across markets globally.
Zodia Markets provides over-the-counter (OTC) trading services specifically for institutions. It supports over 50 digital assets and more than 20 fiat currencies. Recently, it also acquired Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard.
Apart from the UAE entity, the crypto platform is operated by three other entities in Jersey, Ireland, and the United Kingdom. All the entities offer the same digital asset solutions to clients.
A Favoured Jurisdiction for Crypto
Arvind Ramamurthy, ADGM’s Chief Market Development Officer; Photo: LinkedIn
Notably, several other crypto companies have also received approval from the Abu Dhabi regulator. Paxos, Binance, and eToro are among the names that have gained licenses from the ADGM in recent years.
“The robust regulatory framework at ADGM is designed to support firms like Zodia Markets, ensuring that their clients benefit from the highest levels of trust, security, and governance,” said Arvind Ramamurthy, ADGM’s Chief Market Development Officer.
“Their decision to establish a presence in ADGM underscores our commitment to fostering a vibrant, yet regulated environment for innovative financial services companies,” he explained.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
WhiteBIT secures brokerage license in Georgia to launch regulated crypto derivatives
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
