Abu Dhabi – Mubasher: Finstreet Limited, an IHC Group company through Rorix Holdings, has officially launched its subsidiaries at Abu Dhabi Finance Week (ADFW), ADGM’s flagship financial event.
The units, which operate a first-of-its-kind international securities market infrastructure, received licenses from the Financial Services Regulatory Authority (FSRA) of ADGM, according to a press release.
Finstreet Global Markets Limited, Finstreet Capital Limited, as well as Finstreet Global Clearing and Settlement Limited will enable IHC’s unit to provide a wide range of services.
The offerings include a multi-lateral trading facility (MTF), central securities depository (CSD), digital settlement facility (DSF), and private financing platform (PFP).
These solutions seamlessly bridge primary and secondary markets, securing access to private digital securities and enabling new possibilities for growth.
Ahmed Jasim Al Zaabi, Chairman of ADGM, remarked: “ This initiative reflects our mission to attract global talent and investments, driving the evolution of global capital markets."
Syed Basar Shueb, CEO of IHC, stated: "Finstreet’s launch aligns with our goal of driving economic diversification within Abu Dhabi and contributes to the Emirate’s progression towards achieving its Economic Vision 2030 goals."
Sunidhi Pasan, Founder and CEO of Finstreet, added: "For the first-time investors and issuers can come to a truly global and fully regulated securities infrastructure that will bridge the gap between public and private markets."
Finstreet is committed to accelerating capital allocation by bolstering an environment guided by innovation, transparency, and security.
