Klickl International Secures ADGM Financial Services Permission, Revolutionizing Finance with Seamless Integration of Traditional Finance, Crypto, and Web 3.
April 17 2024 - 1:00PM
Klickl International, a forward-thinking provider of financial
infrastructure based in Abu Dhabi, is pleased to announce its
recent accomplishment of securing the Financial Services Permission
(FSP) from the Financial Services Regulatory Authority (FSRA) of
the Abu Dhabi Global Market. This achievement highlights Klickl's
dedication to tackling challenges across the Web3.0 and virtual
asset landscape by developing an integrated financial platform that
harmoniously blends traditional finance (TradFi) with the expanding
realm of cryptocurrency.
Being founded in Abu Dhabi, Klickl strategically harnesses the
emirate's progressive regulatory environment and dynamic economic
backdrop. This strategic positioning enables Klickl to streamline
processes, bridging the gap between traditional financial markets
and the digital economy. Such an approach not only ensures smoother
transitions and improved accessibility but also lays the groundwork
for integrating the next one billion users into the Web3.0
ecosystem.
Klickl’s platform is uniquely designed to be
destination-agnostic, operating under a decentralized global
licensing scheme that empowers users across various jurisdictions.
This innovative framework not only advances inclusivity in
financial services but also makes a notable impact on the global
virtual assets community, facilitating seamless exchanges across
diverse financial domains.
Michael Zhao, CEO of Klickl, shared his vision: “Obtaining the
FSP license from FSRA marks more than a regulatory milestone; it
validates our vision to merge traditional finance and
cryptocurrency seamlessly. Our deep-rooted presence in Abu Dhabi,
renowned for its pioneering strides in financial innovation, has
equipped us to pioneer solutions that anticipate and fulfill the
diverse needs of today's global investors.”
He added, “We are grateful for the unwavering support of the Abu
Dhabi Global Market and the FSRA. Their forward-thinking regulatory
policies are indispensable in our quest to redefine financial
infrastructure. As we move forward, Klickl is excited to continue
breaking new ground, ensuring the digital economy is accessible,
secure, and efficient for everyone.”
With this new licensing, Klickl is set to expand its operations,
offering robust, secure, and compliant financial services that are
designed to meet the needs of today’s dynamic financial landscape
and tomorrow’s digital horizons.
Disclaimer: The information provided in this press release is
not a solicitation for investment, nor is it intended as investment
advice, financial advice, or trading advice. It is strongly
recommended you practice due diligence, including consultation with
a professional financial advisor, before investing in or trading
cryptocurrency and securities.
Ivy Bai
ivy.bai at klickl.com