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Home Sector Markets ADFW 2024: Finstreet launches first-of-its-kind international securities financial market infrastructure

ADFW 2024: Finstreet launches first-of-its-kind international securities financial market infrastructure

With FSRA approval, Finstreet’s regulated subsidiaries are operational, accepting applications from professional investors
ADFW 2024: Finstreet launches first-of-its-kind international securities financial market infrastructure
The financial markets infrastructure comprising Multi-Lateral Trading Facility (MTF), Central Securities Depository (CSD), Private Financing Platform (PFP), provides trading and depository services for digital securities.

Finstreet Limited, an IHC Group company through Rorix Holdings, has officially launched its subsidiaries that operate a first-of-its-kind international securities market infrastructure at Abu Dhabi Finance Week (ADFW), ADGM’s flagship financial event. The launch follows the receipt of necessary licenses from the Financial Services Regulatory Authority (FSRA) of ADGM, and also includes welcoming institutional investors to register from today to access this regulated market for securities.

Comprehensive suite of services

Through its regulated subsidiaries—Finstreet Global Markets Ltd, Finstreet Capital Ltd, and Finstreet Global Clearing and Settlement Ltd—Finstreet offers a comprehensive suite of services, including a Multi-Lateral Trading Facility (MTF), Central Securities Depository (CSD), Digital Settlement Facility (DSF), and Private Financing Platform (PFP). Unveiled during a bell-ringing ceremony at ADFW, these solutions seamlessly bridge primary and secondary markets, enabling access to private digital securities. The new market empowers private company shareholders with liquidity options while also facilitating direct market trading, unlocking alternative investment opportunities tailored for professional investors.

Situated within ADGM, Finstreet Limited and its licensed subsidiaries leverage ADGM’s globally recognized regulatory framework and strategic position to drive financial innovation. The regulated subsidiaries empower issuers and investors with seamless access to private primary and secondary markets, enabling new possibilities for growth.

Finstreet ADFW

Commitment to innovation and growth

H.E. Ahmed Jasim Al Zaabi, chairman of ADGM, remarked: “Finstreet’s launch at Abu Dhabi Finance Week highlights ADGM’s commitment to fostering innovation and establishing Abu Dhabi as a hub for digital transformation in financial services. This initiative reflects our mission to attract global talent and investments, driving the evolution of global capital markets.”

Economic diversification goals

Moreover, Syed Basar Shueb, CEO of IHC, stated: “Finstreet’s launch aligns with our goal of driving economic diversification within Abu Dhabi and contributes to the Emirate’s progression towards achieving its Economic Vision 2030 goals. This infrastructure strengthens Abu Dhabi’s position as a global leader in financial services while empowering issuers and investors with new opportunities.”

Read more: ADGM announces plans for the establishment of the Insurance Association

Creating a global marketplace

Finstreet is further committed to accelerating capital allocation by fostering an environment guided by innovation, transparency, and security. By bridging securities markets, this global venue connects international markets with Abu Dhabi’s robust financial ecosystem to create a truly global marketplace.

Bridging public and private markets

Additionally, Sunidhi Pasan, founder & CEO of Finstreet, added: “For the first-time investors and issuers can come to a truly global and fully regulated securities infrastructure that will bridge the gap between public and private markets. Launching at Abu Dhabi Finance Week underscores Finstreet’s alignment with Abu Dhabi’s vision for financial market leadership. With our 360-degree, end-to-end infrastructure, Finstreet bridges markets for securities, delivering unmatched access, liquidity, and opportunities across the asset spectrum.”

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