Binance's global operations will be transferred to Abu Dhabi Global Marketplace; service provider has changed

On December 8th, according to an official announcement, Binance has obtained full regulatory authorization from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA). Binance's operations will be transferred to the new regulatory framework. Effective January 5th, 2026, at 16:00 (UTC+8), Binance services will be offered through three ADGM-licensed entities, each playing a specific role according to its regulatory authority:

Nest Exchange Services Limited: As an "Authorized Investment Trading Platform (authorized to operate a multilateral trading facility)"—responsible for all trading platform activities, including spot and derivatives trading.

Nest Clearing and Custody Limited: As an "Authorized Clearing House (authorized to provide custody services)," responsible for clearing and settlement—acting as the central counterparty for derivatives trading on the trading platform and ensuring the security of users' digital assets.

Nest Trading Limited: As a "Brokerage Dealer"—responsible for over-the-counter trading activities and proprietary trading services (e.g., OTC trading, instant swaps, wealth management).

Previously, all Binance services were primarily provided by Nest Services Limited (which will be renamed "Nest Exchange Limited" upon licensing). From January 5, 2026, these Binance services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.