Singapore’s QCP Secures Abu Dhabi Global Market Licence

Singapore headquartered QCP Group (QCP), a global leader in digital asset trading, on Thursday said that it has received full Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM).

This milestone in the UAE capital marks a significant expansion of QCP’s global footprint. The achievement builds on the firm’s robust regulatory foundation, which includes a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS), cementing its status as a trusted partner for institutional clients across key financial hubs.

The licence allows QCP to provide spot and derivatives trading, market making, and structured solutions for institutional and professional clients.

QCP Founder Darius Sit said that receiving full license in ADGM is a pivotal moment for QCP and a cornerstone of their 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, he said.

“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,” Sit added.

The FSP from ADGM empowers QCP to offer a comprehensive suite of regulated digital asset services from its strategic base in Abu Dhabi, including spot and derivatives trading, market making, and bespoke structured solutions for institutional and professional clients.

Arvind Ramamurthy, Chief Market Development Officer at ADGM, said that 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,” Ramamurthy added.

QCP’s regulated status in both ADGM and Singapore offers institutional clients distinct advantages, including the assurance of engaging with a partner that meets the rigorous compliance standards of two globally respected authorities. This dual-anchor allows QCP to offer unbroken global coverage and a comprehensive suite of regulated digital asset products.

Abu Dhabi Key Player

According to Invezz, Abu Dhabi has emerged as a serious contender among global crypto hubs, introducing a comprehensive framework for virtual assets as early as 2018. The FSRA built its regime on stringent compliance rules combined with favourable tax incentives, designed to attract exchanges, custodians, and token issuers to its ecosystem.

The Emirate has also been proactive in reinforcing this strategy with high-profile investments. In March, its MGX fund committed $2 billion to Binance, demonstrating intent to compete directly with other financial centres in Asia, Europe, and beyond.

About QCP Group

Established in 2017, QCP Group is a global leading digital asset partner, operating specialised entities to address the dynamic needs of the digital economy.

The company provides tailored solutions across derivatives, spot trading, and structured products to institutional, professional, and accredited investors. Each QCP entity brings industry-leading knowledge and operational excellence, supported by a team of experts in trading, business development, risk, and compliance.