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Klickl Secures Financial Services Permission in Abu Dhabi

Klickl International achieves a significant milestone by securing the Financial Services Permission from Abu Dhabi Global Market, enhancing its financial platform for Web3.0 integration.
Published on 2024-04-17

Klickl's Strategic Milestone

Klickl International, a financial infrastructure leader in Abu Dhabi, has secured the Financial Services Permission (FSP) from the Financial Services Regulatory Authority of Abu Dhabi Global Market. This accomplishment underscores Klickl's commitment to addressing challenges in the Web3.0 and virtual asset sectors by creating a platform that integrates traditional finance with cryptocurrency.

Leveraging Abu Dhabi's Dynamic Environment

Founded in Abu Dhabi, Klickl leverages the emirate's progressive regulatory landscape and vibrant economy. This strategic location allows Klickl to bridge traditional financial markets with the digital economy, enhancing accessibility and facilitating smoother transitions for users. The platform aims to integrate the next billion users into the Web3.0 ecosystem.

A Global, Decentralized Approach

Klickl's platform is destination-agnostic, operating under a decentralized global licensing framework that supports users across multiple jurisdictions. This innovative model promotes inclusivity in financial services and significantly impacts the global virtual assets community, enabling seamless exchanges across diverse financial domains.

Vision and Future Expansion

Klickl's CEO emphasizes that obtaining the FSP license is not just a regulatory achievement but a validation of the company's vision to merge traditional finance with cryptocurrency. With Abu Dhabi's support, Klickl is set to expand its operations, offering secure, compliant financial services to meet the dynamic needs of today's financial landscape and future digital advancements.

About Klickl International

Klickl International is a leading Web3.0 Open Finance platform based in the UAE. It provides banking and digital payment solutions as foundational infrastructure for the Web3.0 sector. Operating within a compliant framework, Klickl aims to connect the digital economy with traditional finance, establishing a global stablecoin ecosystem.

Abu Dhabi Global Market's Role

Abu Dhabi Global Market (ADGM) serves as a world-class regulator, introducing a comprehensive Virtual Asset regulatory framework to support the virtual asset industry's growth and transformation. ADGM has positioned itself as a global hub for virtual asset activities, strengthening Abu Dhabi’s economic landscape.

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