Hong Kong-based virtual asset provider Klickl secures FSP from ADGM

By Arya M Nair, Official Reporter
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Klickl acquires FSP license from ADGM
Rep.Image | Courtesy: ADGM

Klickl, a Hong Kong-based global virtual asset service provider, has acquired a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). 

This milestone not only enhances Klickl’s ability to offer both custody and brokerage services for virtual assets as a principal or agent but also marks a significant step in its strategy to bridge regional expertise with global Web 3.0 market demands.

Since its inception, Klickl has emerged as a leader in Web 3.0 financial services within the Middle East, committed to global standards and the growth of a sustainable cryptocurrency ecosystem. 

With this new permission, Klickl is set to expand its innovative financial solutions, particularly through its Digibox products as DeFin (Decentralized Financial Infrastructure Network), to small and medium-sized enterprises (SMEs) globally, providing them with unparalleled competitive advantages in the evolving Web3.0 landscape.

Michael Zhao_Klickl acquires FSP license from ADGM
Michael Zhao
CEO – Klickl

We are grateful for the FSRA’s endorsement, which propels us forward in our mission to reshape financial infrastructures worldwide. Klickl is eager to develop further innovative products and services within the regulatory framework, creating a seamless bridge between digital and traditional financial sectors. Our goal is to provide universal access to the cryptocurrency world, supporting not only Abu Dhabi’s ambition to become a premier global digital asset financial hub but also empowering SMEs worldwide with cutting-edge financial tools.”

Arvind Ramamurthy, Chief of Market Development at ADGM said that, “We extend our congratulations to Klickl on receiving an FSP from the FSRA of ADGM, enabling them access to ADGM’s cutting-edge virtual assets framework and infrastructure for broader regional service expansion. This milestone introduces Klickl to ADGM’s dynamic cryptocurrency community, opening doors to opportunities to reach institutional investors and market users that align with their business objectives. ADGM stands as the region’s premier and innovation-driven international financial center, and we look forward to Klickl’s growth in Abu Dhabi and beyond.”

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