Abu Dhabi confirms its position as the 'Capital of Capital' with over $9 trillion in assets. During the fourth edition of Abu Dhabi Finance Week (ADFW), themed 'Engineering the Capital Network', leading global financial institutions, including Cantor Fitzgerald, BBVA, Arab Bank Switzerland, Eurasian Development Bank, and others, announced plans to establish a presence in ADGM. These firms will operate across asset management, banking, infrastructure investment, sustainability advisory, and global legal services. This sharp increase in assets under management, from $635 billion last year and $450 billion in 2023, marks one of the most significant expansions by any international financial centre globally. In a historic move for the global digital asset regulatory space, Binance secured a world-first global licence from ADGM's Financial Services Regulatory Authority (FSRA), setting a new benchmark for digital asset oversight. Collectively, these initiatives show how Abu Dhabi is deliberately engineering its capital network, aligning technology, regulation, and market architecture to shape the next chapter of financial innovation. ADGM Chairman Ahmed Jasim Al Zaabi stated that these commitments underscore Abu Dhabi's rising influence and the long-term confidence international institutions place in the vision. As ADGM enters its next decade, it will continue to set international benchmarks across priority areas like digital assets, sustainable finance, and private wealth, positioning itself as a global gateway for capital and innovation. Richard Teng, Co-CEO of Binance, commented: 'During ADFW, Binance became the first global crypto exchange to secure a comprehensive global licence under the ADGM framework, marking a world first for the digital asset industry.' This milestone reflects a compliance-first philosophy and a continued focus on transparency, security, and user protection.
