On December 8, according to the official announcement, CEX has obtained full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). CEX’s operations will transition to the new regulatory framework, and starting from 16:00 (GMT+8) on January 5, 2026, CEX services will be provided through three ADGM-licensed entities, each playing a specific role according to its regulatory permissions:
Nest Exchange Services Limited: As a “Recognized Investment Exchange (authorized to operate a Multilateral Trading Facility)”—responsible for all exchange-related activities, including spot and derivatives trading.
Nest Clearing and Custody Limited: As a “Recognized Clearing House (authorized to provide custody services),” responsible for clearing and settlement—as the central counterparty for derivatives trading on the exchange platform, and safeguarding users’ digital asset security.
Nest Trading Limited: As a “Broker Dealer”—responsible for OTC activities and proprietary services (such as OTC trading, instant swaps, and financial management).
Previously, all CEX services were mainly provided by Nest Services Limited (which will be renamed “Nest Exchange Limited” after obtaining the license). Starting from January 5, 2026, these CEX services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CEX's global operations will be relocated to the Abu Dhabi Global Market, and the service provider has been changed.
On December 8, according to the official announcement, CEX has obtained full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). CEX’s operations will transition to the new regulatory framework, and starting from 16:00 (GMT+8) on January 5, 2026, CEX services will be provided through three ADGM-licensed entities, each playing a specific role according to its regulatory permissions:
Nest Exchange Services Limited: As a “Recognized Investment Exchange (authorized to operate a Multilateral Trading Facility)”—responsible for all exchange-related activities, including spot and derivatives trading.
Nest Clearing and Custody Limited: As a “Recognized Clearing House (authorized to provide custody services),” responsible for clearing and settlement—as the central counterparty for derivatives trading on the exchange platform, and safeguarding users’ digital asset security.
Nest Trading Limited: As a “Broker Dealer”—responsible for OTC activities and proprietary services (such as OTC trading, instant swaps, and financial management).
Previously, all CEX services were mainly provided by Nest Services Limited (which will be renamed “Nest Exchange Limited” after obtaining the license). Starting from January 5, 2026, these CEX services will be provided by Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.