3iQ Receives In-Principal Approval from Abu Dhabi's IFC
PR Newswire
TORONTO, Oct. 12, 2026
TORONTO, Oct. 12, 2026 /PRNewswire/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, is pleased to announce that its United Arab Emirates (UAE) based sister company 3iQ Middle East Ltd has secured In-Principal Approval (IPA) for a Category 4 license from the Financial Services Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the capital of UAE. It follows the announcement of their strategic partnership with Further, the UAE-based digital asset investment manager (see announcement link here), which enables institutional investors access to digital assets via 3iQ's Managed Account Platform (QMAP) a platform that attracted $100 million sovereign-linked seed capital.
The successful granting of this IPA is part of 3iQ's aim to be regulated and present in all the major digital asset hubs globally, so that its award-winning investment management offering is accessible to accredited investors around the world. This includes the first ever Bitcoin and Ethereum ETFs listed on a major stock exchange.
3iQ's presence in the Middle East is led by Rachel Pether, Head of Middle East. Rachel joined 3iQ in 2023 and has become a prominent figure in the region. Prior to joining 3iQ, Rachel spent almost a decade at Abu Dhabi based sovereign investor Mubadala in their Capital Markets & Treasury team and was previously a senior Advisor for SkyBridge Capital.
Pascal St-Jean, CEO of 3iQ and Coincheck Group, said:
"3iQ has been a huge believer in the UAE as a key digital asset hub with an advanced regulatory regime that protects investors. As a first mover in the provision of innovative digital asset investment solutions, and along with our partnership with Further Asset Management, 3iQ looks forward to cementing a presence in the region, starting with the Abu Dhabi Global Market."
Rachel Pether, Head of Middle East at 3iQ, said:
"This is an exciting development for 3iQ and has materialised following constructive collaboration with the ADGM's proactive regulator. Ever since 2023 when we established a footprint in the UAE, 3iQ has taken steps towards becoming the leader in the region with our proven track record of attracting sovereign wealth and institutional capital to digital assets."
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said:
"We congratulate 3iQ on receiving its IPA from the FSRA, an important step in its journey to establishing a regulated presence in ADGM. This milestone reflects the increasing interest from international firms in ADGM's dynamic digital asset ecosystem, underpinned by a progressive regulatory framework and a growing community of global and regional market participants. We look forward to supporting 3iQ as it progresses through the licensing process and seeks to contribute to Abu Dhabi's growing digital asset ecosystem."
About 3iQ Digital Asset Management
Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offer other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N.V. (NASDAQ: CNCK), a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io
W: https://www.3iq.io/
L: https://www.linkedin.com/company/3iq-corp/
X: https://x.com/3iq_corp
Disclaimer
This release is for informational purposes only and does not constitute investment advice or a recommendation, solicitation, or offer to buy or sell any securities, strategies, products, or services described herein. Investment in digital assets is subject to a high degree of risk, including the potential loss of the entire amount invested. 3iQ, nor any of their affiliates, directors, officers, or employees accept any liability for any loss or damage arising directly or indirectly from the use of or reliance on this release or the information contained herein. Readers should conduct their own research and consult with their own professional advisors before making any investment decisions. This release may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially from those anticipated.
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SOURCE 3iQ
