Galaxy Establishes Presence in Abu Dhabi Market

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Galaxy, a firm specializing in digital asset management and infrastructure, is extending its reach into the Middle East with plans for a new office and legal entity in Abu Dhabi. This expansion underscores the region’s rising importance in the global financial landscape.

The company disclosed in a Wednesday announcement its intention to register an entity within the Abu Dhabi Global Market, the international financial center of the region. Founder and CEO Mike Novogratz framed the move as a strategic effort to deepen the firm’s existing partnerships and operational footprint.

“The Middle East is a rapidly growing financial hub that is home to some of the world’s most sophisticated investors and innovators,” stated Galaxy managing director Bouchra Darwazah. She noted the region’s growing influence for the firm’s investors and clients, expressing confidence that the new office will unlock fresh opportunities.

This strategic initiative follows Galaxy’s report of strong third-quarter earnings for 2025, which included a net income of $505 million. The firm has been a significant force in digital asset investments since 2018, recently collaborating on a major $1.65 billion Solana treasury fund with several other industry leaders.