UAE based Gewan Holding, Zodia Markets, a UAE regulated digital asset broker and Metalpha Limited, a digital asset wealth management service provider have launched ZMG7 LLC, which is set to redefine the global digital asset ecosystem.
ZMG7 received its Financial Services Permission from the FSRA in Abu Dhabi Global Market on December 24 2024.
ZMG7 will bring together the expertise and resources of three powerhouses in finance and digital innovation, with each partner bringing their own distinct strength to the partnership.
Utilizing the brokerage and custodial services of Zodia Markets and Metalpha’s crypto derivatives expertise which is serving institutions such as exchanges, mining firms, investment funds, and family offices. 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.”
Gewan Holding is also a participant in the digital energy Fund with Hodler Investments out of DIFC Dubai.
Amer Al Osh, Chief Development Officer, Gewan Holding, noted, “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 stated, “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.”
While 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. .”