3iQ Middle East Wins In-Principal Abu Dhabi IFC License Nod
3iQ Corp.'s UAE affiliate secured in-principal approval for a Category 4 license from Abu Dhabi's financial regulator, expanding its digital asset footprint.
Toronto-based digital asset investment firm 3iQ Corp. announced that its UAE affiliate, 3iQ Middle East Ltd., has received in-principal approval for a Category 4 license from Abu Dhabi's International Financial Centre, marking a significant regulatory milestone for the company's expansion into the Gulf region.
The in-principal approval represents a conditional green light from the regulator, positioning 3iQ Middle East to formally operate within one of the Middle East's most closely watched financial hubs. Abu Dhabi has steadily emerged as a competitive destination for digital asset firms seeking regulated frameworks in the region.
Read more 3iQ Wins In-Principle Approval for Abu Dhabi Crypto License →
For 3iQ Corp., which describes itself as a global pioneer in digital asset investment solutions, the UAE approval builds on the company's existing presence in established markets. Securing a foothold in the Middle East aligns with a broader industry trend of crypto-focused asset managers diversifying their regulatory jurisdictions beyond North America and Europe.
A Category 4 license under Abu Dhabi's framework typically permits firms to engage in specific financial services activities, though the precise scope of permitted business remains subject to final regulatory confirmation. The in-principal status indicates the firm must still satisfy outstanding conditions before a full license is granted.
The announcement underscores growing institutional momentum around regulated digital asset management in the Gulf Cooperation Council region, where sovereign wealth and retail demand for crypto-linked products have drawn increasing attention from global fund operators. Continue reading at All Financial Services & Investing.
