3iQ receives in-principle approval for Category 4 license from Abu Dhabi ADGM

According to PRNewswire, 3iQ’s UAE entity, 3iQ Middle East Ltd, has received in-principle approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) for a Class 4 license, marking a significant step toward establishing its regulated business locally. 3iQ stated that this approval is part of its strategy to expand its regulatory footprint across major global digital asset markets. Prior to this, 3iQ formed a strategic partnership with UAE-based digital asset investment manager Further and introduced the 3iQ Managed Account Platform (QMAP) to provide institutional investors with access to digital asset investments. The platform has already attracted $100 million in sovereign-related seed capital.