Arabian Bourse (ABX) is to be a Abu Dhabi Global Market (ADGM), Abu Dhabi, UAE, based, fully regulated, crypto asset Multilateral Trading Facility and Custodian; to be primarily targeted at global institutional and retail traders. ABX has received In-Principal Approval from Financial Services Regulatory Authority of ADGM. Its development is lead by leading exchange business services and technology provider, GMEX Group (GMEX) based out of UK and regional exchanges founder and business expert - Arshad Khan based out of UAE. ABX has chosen to be based in ADGM, Abu Dhabi, because of the enlightened crypto asset regulatory framework, rapidly growing crypto asset industry in the region, concentration of global financial institutions and a trusted regulatory regime. ABX expect to bring in the crypto asset holders, partnerships, additional technology opportunities and related strategic investment via their comprehensive ecosystem in the blockchain space.
The vision of ABX is to be the leading institutional grade digital assets exchange and custodian in the region and a major player globally with a fully integrated ecosystem which will allow it to become a preferred venue for digital asset listing, trading and settlement with associated custody, depository and data services. It will ultimately act as a bridge between aggregating MENA digital assets activity linked to other major digital asset centres around the world.