Hassan Maishera
TL;DR
- Hashed, a South Korea-based crypto VC firm, has secured a Financial Services Permission from the Abu Dhabi Global Market (ADGM).
- The license allows Hashed to engage in regulated activities like investment advice, asset management, and investment fund management, strengthening ties between the UAE and Korea.
Crypto VC Hashed Gains Financial Services License in Abu Dhabi
South Korea-based crypto venture capital firm Hashed has successfully obtained a Financial Services Permission from the Abu Dhabi Global Market (ADGM), the leading financial hub in the UAE.
This license enables Hashed Global Management Limited (HGML), a group entity, to carry out regulated financial activities in ADGM, including advising on investments, arranging investment deals, asset management, and managing collective investment funds.
Seokwon Hong, licensed director and senior executive officer of HGML, stated that the new permission will facilitate a partnership with Middle Eastern institutional investors in a regulated environment.
Hashed plans to leverage the license to strengthen its position as a strategic connector between the UAE and Korea, aiming to enhance investment ties, expand cross-border partnership opportunities, and foster collaboration between regional capital and global founders, companies, and ecosystems.
While commenting on this latest milestone, Arvind Ramamurthy, chief market development officer of ADGM, said,
"This milestone underscores the growing momentum we are seeing as leading firms choose ADGM and Abu Dhabi to establish and scale their regional operations."
Earlier this week, ADGM and Hashed Open Research co-authored a new policy report synthesising insights from the “Web3 Leaders Roundtable,” convened in partnership with Hashed during Abu Dhabi Finance Week (ADFW) 2025.
