Hashed Global Management Limited (“HGML”) Obtains Financial Services Permission from ADGM
Abu Dhabi, UAE, April 30th, 2026, Chainwire
Hashed Global Management Limited (HGML), an entity within the Hashed global venture capital group (“the Group”, “Hashed”), has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the United Arab Emirates (UAE).
With this permission, HGML is authorized to conduct regulated financial activities in or from ADGM, including advising on investments or credits, arranging deals in investments, managing assets, and managing a collective investment fund.
ADGM is widely recognized for its progressive regulatory framework in fintech, digital assets, and emerging financial technologies. Leveraging this permission, the Group plans to position ADGM as its official base for institutional operations across the UAE and GCC region, strengthening connections between its global capital network and local institutional investors.
With this milestone, Hashed plans to strengthen its role as a strategic bridge between the UAE/GCC and broader innovation networks anchored in Korea and extending across Asia. Through its presence in ADGM, HGML aims to deepen investment connectivity, expand cross-border partnership opportunities, and support long-term collaboration between regional capital and globally connected founders, companies, and ecosystems.
Simon Kim, CEO of Hashed, stated, “Abu Dhabi is a city at the forefront of global digital financial infrastructure. Establishing an official business foundation under ADGM’s regulatory framework reflects Hashed’s commitment to building a trust-based business in this region for the long term.”
Seokwon Hong, Licensed Director and Senior Executive Officer at HGML, added, “This permission lays the groundwork for HGML to collaborate with Middle Eastern institutional investors within a regulated environment. Through our partnership with ADGM, we will work together to help shape both policy and the market.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said, “We congratulate HGML on receiving its FSP. This milestone underscores the growing momentum we are seeing as leading firms choose ADGM and Abu Dhabi to establish and scale their regional operations. ADGM remains committed to providing a trusted, forward-looking regulatory environment and a world-class ecosystem that supports innovation, strengthens cross-border connectivity, and enables long-term growth.”
Last year, Hashed co-hosted the “Web3 Leaders Roundtable” with ADGM Emerging Tech during Abu Dhabi Finance Week (ADFW) 2025. The event focused on the convergence of AI and blockchain-based financial infrastructure, with discussions covering blockchain’s role as AI-native infrastructure, the transformation of financial systems through tokenisation, and regulatory considerations for institutional investors. Participants included representatives from global institutions such as ADIA, DTCC, Franklin Templeton, BlackRock, Circle, Consensys, and the Solana Foundation, and the outcomes oreportf the discussion were published as a policy.
About ADGM
ADGM is the leading international financial centre (IFC) based in Abu Dhabi, the capital of the United Arab Emirates. It is one of the world’s largest financial districts by size and is the largest IFC in the Middle East and Africa by the number of active licences.
ADGM is also one of a handful of jurisdictions globally and the only one regionally to directly apply the trusted legal system of English Common Law.
Governing both Al Maryah and Al Reem Islands, which are collectively designated as Abu Dhabi’s financial free zone, ADGM connects the economies of the Middle East, Africa, and South Asia (MEASA) region with global markets. Its progressive and inclusive ecosystem empowers financial and non-financial institutions to thrive, supporting innovation, sustainable growth, and long-term economic resilience.
Through its continued growth and cross-border partnerships, ADGM is strengthening Abu Dhabi’s position as the ‘Capital of Capital’ and a leading global hub for finance, investment, and enterprise.
For more details on ADGM, please visit www.adgm.com or follow us on LinkedIn and Instagram: @ADGM X: @adglobalmarket
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Email: media@adgm.com
About Hashed
Hashed, established in 2017, is a web3 venture capital that focuses on investment and research in global startups and decentralized protocols. Hashed team operates offices in Seoul, San Francisco, Singapore, Bangalore, and Abu Dhabi. Hashed has been the earliest supporter of many pioneering blockchain teams globally. Hashed supports its portfolio companies as a ‘second team,’ helping web3 founders build global mass adoption.