Market Overview

Securrency Expands Presence in UAE: US Technology Firm Focusing on Tokenized Securities and Crypto Assets


Securrency has been accepted into the Abu Dhabi Global Market as a
RegLab Firm to develop financial technology solutions to test the
issuance, trading and compliance monitoring of tokenized securities

Inc., a US-based provider of financial and regulatory technology
products for the tokenized issuance and trading of securities, today
announced its intention to secure a license to operate a crypto-asset
business with strategic partners under the new Abu Dhabi Global Market
(ADGM) crypto regulatory framework. Securrency will file an application
with the Financial Services Regulatory Authority (FSRA) of ADGM, the
international financial center in the Emirate of Abu Dhabi in the United
Arab Emirates (UAE). The company will partner with top global blockchain
companies and innovative industry leaders to create and launch a
fully-regulated crypto-asset business for institutional clients,
globally. Leveraging Securrency's top-tier security and compliance
tools, this platform will provide institutional-grade crypto custodial
services, as well as an exchange platform accessing large-scale global

Earlier this year, as part of its expansion strategy for the Middle East
and North Africa (MENA) region, Securrency applied for and received
authority to operate in the ADGM RegLab sandbox testing environment.
While in the RegLab, and under the oversight of the FSRA of ADGM,
Securrency will demonstrate its ability to create secure and compliant
tokenized securities for issuers in the MENA region – and globally –
using its innovative RegTex™ technology. Securrency's proprietary
services not only enforce compliance in the onboarding (KYC/AML/KYW),
subscription, enrollment and issuance process, but also use unique
Compliance Aware TokenTM technology to ensure tokenized
securities remain compliant after issuance – including in
secondary-market trading.

John Hensel, Chief Operating Officer of Securrency and Senior
Executive Officer of Securrency MENA
, said, "We are incredibly
excited to join ADGM's RegLab – we're fully aligned with their mission
to create a secure and compliant global market in the AGDM for issuers
of tokenized securities and investors in both tokenized securities and
crypto assets. Our near-term vision is to launch fully-regulated
exchanges for both asset classes in this market under the auspices of
ADGM's existing multi-lateral trading facility rules and newly-issued
crypto regulatory framework. This is the only way to provide stability,
overcome challenges and ultimately, facilitate economic development via
investment opportunities, particularly for private equity and
institutional investors in this region."

Wai Lum Kwok, Executive Director, Capital Markets, Financial Services
Regulatory Authority of ADGM,
added: "Securrency recently joined
ADGM as one of our RegLab firms, adding vibrancy to the FinTech and
financial community in Abu Dhabi with their suite of innovative
technologies and compliance solutions. As an international financial
services regulator, we welcome innovators, businesses, and financial
firms to make use of our regulated platform to conduct and grow their
businesses. We are encouraged by Securrency's plans to submit an
application to set up a marketplace for digital assets in ADGM. Along
with their strategic partners, Securrency will leverage our
comprehensive regulatory regime to foster governance, efficiency and
transparency in crypto asset activities."

About Securrency

Securrency is a technology products company that delivers a complete
suite of security and compliance tools to issuers, broker-dealers, and
alternative trading system (ATS) operators to enable the issuance,
maintenance, and secondary trading of tokenized securities.

Securrency has developed a unique Compliance Aware Token™ that embeds
regulatory and transactional rules in a compliance layer to facilitate
legally-compliant securities offerings in the United States and
globally. Securrency's protocol can be utilized on the Ethereum,
Stellar, Ripple, EOS and other distributed ledgers, as well as on legacy
systems, allowing for seamless on-chain and off-chain movement of tokens.

Securrency was formed in 2015 by US national security and technology
experts to enable the free trading of previously illiquid asset classes
through compliance and unparalleled interoperability. Securrency offers
secure, scalable FinTech/RegTech tools either as individual modules or
as a customized venue for listing securities via Security Token
Offerings (STOs) while providing global KYC (Know Your Customer),
anti-money laundering (AML) and other essential jurisdictional
compliance for access to investors.

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