PANews reported on December 11th, citing Cointelegraph, that digital asset management and infrastructure company Galaxy announced it will establish a new office and business unit in Abu Dhabi as part of its strategy to expand into the Middle East market. In an announcement released Wednesday, Galaxy stated that it will establish an entity under the registry of the Abu Dhabi Global Market (ADGM), the region's international financial center. Galaxy founder and CEO Mike Novogratz stated that this move is part of the company's strategy to expand existing partnerships and business. Prior to this expansion into the Middle East market, Galaxy released its Q3 2025 financial results, reporting net revenue of $505 million and an equity value of $3.2 billion.


