XBTO Secures UAE License for Digital Asset Services

XBTO, a globally recognized institutional digital asset manager, has received Financial Services Permission (FSP) under the 3A license category from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in the UAE. This authorization grants XBTO the right to offer digital asset custody, investment, and trading services. Philippe Bekhazi, CEO and Founder of XBTO Group, emphasized that this license will enable XBTO to make a positive contribution to the region’s digital finance landscape and reaffirm their commitment to institutional integrity, regulatory transparency, and financial innovation in the UAE.