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Galaxy establishes a new office and launches a new business division in Abu Dhabi
PANews December 11 News, according to Cointelegraph, digital asset management and infrastructure company Galaxy announced that it will establish a new office and set up a new business division in Abu Dhabi. This move is part of its strategy to enter the Middle East market. In a statement released on Wednesday, Galaxy stated that it will establish an entity under the registered management authority of Abu Dhabi Global Market (ADGM), the region’s international financial center. Galaxy founder and CEO Mike Novogratz said that this move is part of the company’s efforts to expand existing partnerships and business strategies. Before entering the Middle East market, Galaxy announced its financial performance for Q3 2025, with net revenue reaching $505 million and equity value of $3.2 billion.