Hashed Global Management obtains ADGM FSP
Analysis based on 9 articles · First reported Apr 30, 2026 · Last updated Apr 30, 2026
This event positively impacts the financial markets by enhancing cross-border investment connectivity between the UAE/GCC region and Asian innovation networks, particularly benefiting Hashid and Abu Dhabi Global Market. It also signals a strengthening of Abu Dhabi's position as a global financial hub for fintech and digital assets.
AGF Management Limited (HGML), an entity within the Hashid global venture capital group, has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This permission authorizes AGF Management Limited to conduct regulated financial activities in or from ADGM, including advising on investments, arranging investment deals, managing assets, and collective investment funds. Hashid plans to leverage this to position ADGM as its official base for institutional operations across the UAE/GCC region, strengthening connections between its global capital network and local institutional investors. This move aims to deepen investment connectivity and expand cross-border partnerships between the UAE/GCC and innovation networks anchored in South Korea and Asia. Simon Kim, CEO of Hashid, and Seokwon Hong, Licensed Director at AGF Management Limited, emphasized the commitment to building a trust-based business in the region. Arvind Ramamurthy of Abu Dhabi Global Market congratulated AGF Management Limited, highlighting ADGM's role in fostering innovation and growth.
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