3iQ Receives In-Principal Approval from Abu Dhabi's ADGM for Digital Asset License
3iQ Corp., a global leader in digital asset investment solutions, announced that its UAE-based subsidiary has received an In-Principal Approval (IPA) for a Category 4 license from the Financial Services Regulatory Authority of Abu Dhabi Global Market. This regulatory milestone supports 3iQ's strategy to establish itself as a regulated entity across major digital asset hubs globally and follows their strategic partnership with Further, enabling institutional access via its QMAP platform that attracted $100 million in sovereign-linked seed capital. The approval is part of the company’s broader expansion into key markets like Abu Dhabi. Rachel Pether leads 3iQ's Middle East operations after joining from Mubadala and SkyBridge Capital. The ADGM praised this development as a sign of growing interest in its digital asset ecosystem, supported by progressive regulation. Pascal St-Jean, CEO of 3iQ, emphasized the UAE’s role as an advanced regulatory hub for digital assets. With plans to launch regulated investment products like Bitcoin and Ethereum ETFs on major exchanges, this move positions 3iQ strongly in a rapidly evolving market.