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ZMG7 LLC: Pioneering the UAE's digital asset transformation through global collaboration

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ZMG7 has been officially launched through a partnership between Gewan Holding, Zodia Markets, and Metalpha (NASDAQ: MATH), aiming to transform the global digital asset ecosystem. The venture combines Abu Dhabi-based Gewan Holding's strategic investment expertise, Zodia Markets' institutional digital asset brokerage capabilities (backed by Standard Chartered Bank), and Metalpha 's specialization in crypto derivatives and wealth management.

ZMG7 received its Financial Services Permission from the FSRA in Abu Dhabi Global Market on December 24, marking a significant step in establishing the UAE's position in the digital asset space. The partnership aims to leverage each partner's unique capabilities to drive innovation and sustainable growth in the digital asset landscape across the UAE, GCC, and globally.

ZMG7 è stato ufficialmente lanciato attraverso una partnership tra Gewan Holding, Zodia Markets e Metalpha (NASDAQ: MATH), con l'obiettivo di trasformare l'ecosistema globale degli asset digitali. L'iniziativa combina l'expertise in investimenti strategici di Gewan Holding, con sede ad Abu Dhabi, le capacità di intermediazione di asset digitali istituzionali di Zodia Markets (supportate da Standard Chartered Bank) e la specializzazione di Metalpha nei derivati crypto e nella gestione patrimoniale.

ZMG7 ha ricevuto la sua Autorizzazione ai Servizi Finanziari dalla FSRA nel Mercato Globale di Abu Dhabi il 24 dicembre, segnando un passo significativo nell'affermazione della posizione degli Emirati Arabi Uniti nel settore degli asset digitali. La partnership mira a sfruttare le capacità uniche di ciascun partner per promuovere innovazione e crescita sostenibile nel panorama degli asset digitali negli EAU, nel GCC e a livello globale.

ZMG7 se ha lanzado oficialmente a través de una asociación entre Gewan Holding, Zodia Markets y Metalpha (NASDAQ: MATH), con el objetivo de transformar el ecosistema global de activos digitales. La iniciativa combina la experiencia en inversiones estratégicas de Gewan Holding, con sede en Abu Dhabi, las capacidades de intermediación en activos digitales institucionales de Zodia Markets (respaldadas por Standard Chartered Bank) y la especialización de Metalpha en derivados de cripto y gestión de patrimonios.

ZMG7 recibió su Permiso de Servicios Financieros de la FSRA en el Mercado Global de Abu Dhabi el 24 de diciembre, marcando un paso significativo en el establecimiento de la posición de los EAU en el espacio de activos digitales. La asociación tiene como objetivo aprovechar las capacidades únicas de cada socio para impulsar la innovación y el crecimiento sostenible en el panorama de activos digitales en los EAU, el GCC y a nivel global.

ZMG7는 Gewan Holding, Zodia Markets, Metalpha(NASDAQ: MATH) 간의 파트너십을 통해 공식 출시되었으며, 글로벌 디지털 자산 생태계를 변화시키는 것을 목표로 하고 있습니다. 이 사업은 아부다비에 본사를 둔 Gewan Holding의 전략적 투자 전문성과 Standard Chartered Bank의 지원을 받는 Zodia Markets의 기관 디지털 자산 중개 역량, 그리고 메탈파의 암호화 파생상품 및 자산 관리 전문성을 결합합니다.

ZMG7은 12월 24일 아부다비 글로벌 마켓의 FSRA로부터 금융 서비스 허가를 받아 아랍에미리트의 디지털 자산 분야에서의 입지를 확립하는 중요한 단계를 마쳤습니다. 이 파트너십은 각 파트너의 독특한 역량을 활용하여 EAU, GCC 및 전 세계의 디지털 자산 환경에서 혁신과 지속 가능한 성장을 주도하는 것을 목표로 하고 있습니다.

ZMG7 a été lancé officiellement grâce à un partenariat entre Gewan Holding, Zodia Markets et Metalpha (NASDAQ: MATH), dans le but de transformer l'écosystème mondial des actifs numériques. Cette initiative allie l'expertise en investissements stratégiques de Gewan Holding, basée à Abou Dhabi, les capacités de courtage d'actifs numériques institutionnels de Zodia Markets (soutenues par Standard Chartered Bank) et la spécialisation de Metalpha dans les produits dérivés en crypto et la gestion de patrimoine.

ZMG7 a reçu son autorisation de services financiers de la FSRA sur le marché mondial d'Abou Dhabi le 24 décembre, marquant une étape significative dans l'affirmation de la position des Émirats arabes unis dans le secteur des actifs numériques. Le partenariat vise à tirer parti des capacités uniques de chaque partenaire pour favoriser l'innovation et la croissance durable dans le paysage des actifs numériques aux EAU, dans le GCC et à l'échelle mondiale.

ZMG7 wurde offiziell durch eine Partnerschaft zwischen Gewan Holding, Zodia Markets und Metalpha (NASDAQ: MATH) ins Leben gerufen, mit dem Ziel, das globale digitale Vermögensökosystem zu transformieren. Das Vorhaben vereint die strategische Investitionserfahrung von Gewan Holding aus Abu Dhabi, die institutionellen digitalen Vermögensbrokerage-Fähigkeiten von Zodia Markets (unterstützt von der Standard Chartered Bank) und die Spezialisierung von Metalpha auf Krypto-Derivate und Vermögensverwaltung.

ZMG7 erhielt am 24. Dezember die Erlaubnis für Finanzdienstleistungen von der FSRA im Abu Dhabi Global Market, was einen bedeutenden Schritt zur Festigung der Position der VAE im Bereich digitaler Vermögenswerte darstellt. Die Partnerschaft zielt darauf ab, die einzigartigen Fähigkeiten jedes Partners zu nutzen, um Innovation und nachhaltiges Wachstum im digitalen Vermögensmarkt der VAE, des GCC und weltweit voranzutreiben.

Positive
  • Strategic partnership combining expertise in digital assets, traditional finance, and regional market access
  • Secured Financial Services Permission from FSRA in Abu Dhabi Global Market
  • Backed by established financial institution Standard Chartered Bank
  • Access to over 50 digital assets and 20+ fiat currencies through Zodia Markets
Negative
  • None.

Insights

The formation of ZMG7 marks a strategically significant development for Metalpha Technology Holding (NASDAQ: MATH), potentially transforming its market positioning and revenue potential in the Middle East's rapidly evolving digital asset landscape.

The partnership structure is particularly compelling for three reasons: First, Gewan Holding's deep-rooted presence in Abu Dhabi provides important local market access and regulatory relationships. Second, Zodia Markets' recent FSRA approval and Standard Chartered Bank backing adds institutional credibility and robust trading infrastructure. Third, Metalpha's specialized crypto derivatives expertise fills a critical gap in the region's digital asset service offerings.

The UAE's digital asset market presents substantial growth opportunities, driven by:

  • The country's progressive regulatory framework under VARA and FSRA
  • Significant institutional capital seeking crypto exposure
  • Growing demand for sophisticated digital asset products

For MATH shareholders, this venture could create value through:

  • Revenue diversification into the high-growth Middle Eastern market
  • Access to institutional client networks
  • Enhanced competitive positioning against global crypto firms

However, key execution challenges include regulatory compliance complexities, regional market volatility and competitive pressures from established players. Success will largely depend on the partnership's ability to leverage complementary strengths while navigating local market dynamics.

HONG KONG, Feb. 4, 2025 /PRNewswire/ -- Gewan Holding, Zodia Markets, and Metalpha Limited have today officially announced the launch of ZMG7 LLC, a partnership set to redefine the global digital asset ecosystem. This unique partnership combines the expertise and resources of three powerhouses in finance and digital innovation, with each partner bringing their own distinct strength to the partnership.

Abu Dhabi-based Gewan Holding, renowned for its diverse portfolio of strategic investments across various industry sectors, has long been a driver of innovation in the UAE capital's financial sector, and beyond.

Backed by Standard Chartered Bank and operating across many key global jurisdictions, including Abu Dhabi, Zodia Markets is an institution-first digital asset brokerage. Having established itself as a leader in OTC spot liquidity, Zodia Markets has built a reputation for offering industry-leading pricing and settlement services to institutional clients, through its bank-grade infrastructure.

Metalpha Limited, founded in 2021, Metalpha Limited is a global leading provider of digital asset focused wealth management products and services. As a subsidiary of Metalpha Technology Holding Limited, the company specializes in crypto derivatives, serving institutions such as exchanges, mining firms, investment funds, and family offices. With top talent from Wall Street banks and deep blockchain expertise, Metalpha Limited aims to lead the crypto wealth management industry, driving innovation, transparency, and sustainable growth for its clients worldwide.

Commenting on the launch, Alaa Al Ali, CEO of Gewan Holding, said: "ZMG7 embodies the vision of innovation and collaboration that is central to our values at Gewan Holding. This venture is also a testament to Abu Dhabi's growing prominence as a global hub for digital assets and financial technology."

Amer Al Osh, Chief Development Officer, Gewan Holding, added: "By joining forces with Zodia Markets and Metalpha, we aim to unlock unprecedented opportunities in the digital asset landscape, driving its rapid yet sustainable growth across the UAE, the GCC, and beyond."

Adrian Wang, CEO of Metalpha Limited, further remarked: "I'm very excited for our partnership and shared vision of advancing digital assets in the Middle East. Aiming to play a pivotal role to drive mass adoption of digital assets in the region, we look forward to expanding our presence in this dynamic market."

Also sharing his enthusiasm for today's announcement, Usman Ahmad, Co-Founder and CEO of Zodia Markets, said: "It is a privilege to partner with esteemed institutions like Gewan Holding and Metalpha. Together, our unique capabilities and combined infrastructure will create unparalleled synergies, enabling us to contribute to the growth of the global digital asset markets. Having received our Financial Services Permission from the FSRA in Abu Dhabi Global Market on December 24, ZMG7 reiterates our commitment to the UAE and our ambitious goals in the global digital asset ecosystem."

The formation of ZMG7 signals the foundation for an ambitious initiative seeking to enhance the UAE's leadership in global digital asset management. The joint venture is also poised to deliver significant value by leveraging the distinct expertise of its partners, further positioning Abu Dhabi and the wider GCC region as key players in the future of finance.

-ENDS-

Notes to Editors:

Gewan Holding

Gewan Holding is a prominent Abu Dhabi based investment conglomerate committed to driving transformative growth and innovation across diverse sectors. Guided by Abu Dhabi economic Vision 2030, we are at the forefront of shaping a dynamic future by harnessing the potential of varied industries.

Metalpha Limited

Founded in 2021, Metalpha Limited is a global leading provider of digital asset focused wealth management products and services. As a subsidiary of Metalpha Technology Holding Limited (NASDAQ: MATH), the company specializes in crypto derivatives, serving institutions such as exchanges, mining firms, investment funds, and family offices. With top talent from Wall Street banks and deep blockchain expertise, Metalpha Limited aims to lead the crypto wealth management industry, driving innovation, transparency, and sustainable growth for its clients worldwide.

Zodia Markets

Zodia Markets is the institution-first digital asset brokerage providing comprehensive over-the-counter (OTC) trading solutions to clients across the globe. Born out of the innovation unit of Standard Chartered Bank, SC Ventures, and Asia's leading digital asset company, OSL Group, Zodia Markets supports over 50 digital assets and in excess of 20 fiat currencies.

 

Cision View original content:https://www.prnewswire.com/news-releases/zmg7-llc-pioneering-the-uaes-digital-asset-transformation-through-global-collaboration-302367191.html

SOURCE Metalpha Technology Holding Limited

FAQ

What is the purpose of the ZMG7 partnership between Gewan, Zodia Markets, and Metalpha (MATH)?

ZMG7 aims to redefine the global digital asset ecosystem by combining Gewan's strategic investments, Zodia Markets' institutional brokerage services, and Metalpha's crypto derivatives expertise to drive innovation and growth in the UAE and GCC region.

When did ZMG7 receive its Financial Services Permission from FSRA?

ZMG7 received its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market on December 24.

How many digital assets and fiat currencies does ZMG7 support through Zodia Markets?

Through Zodia Markets, ZMG7 supports over 50 digital assets and more than 20 fiat currencies.

What is Metalpha's (MATH) role in the ZMG7 partnership?

Metalpha , a subsidiary of Metalpha Technology Holding (NASDAQ: MATH), brings its expertise in crypto derivatives and digital asset wealth management services to the partnership, serving institutional clients.

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