Capital.com, a UAE-regulated global trading platform, has expanded its cryptocurrency offering to MENA, as it reported that of its $755 million trading volume in the third quarter, cryptocurrencies accounted for 51% of that total.
According to Capital.com, the surge in the third quarter report was driven by cryptocurrency trading, which rose 53.9% quarter-on-quarter globally and an exceptional 67% month-over-month in MENA, reflecting the region's growing demand for digital assets.
According to a press release, the company has added over 1,200 new markets, bringing the total number of products offered to traders to 5,000, including a significantly expanded range of crypto CFDs. Global stock prices rose 5.2% as investors continued to focus on AI and technology stocks, but currency and commodity stocks experienced seasonal declines.
Capital.com doubles down on cryptocurrencies
Capital.com currently offers over 400 crypto CFD financial products including Bitcoin, Ethereum, and other altcoins.
“Digital assets are transforming the trading landscape globally, and MENA is at the forefront of this change,” said Vitaly Kedik, Head of Digital Assets at Capital.com.
Tariq Chebib, MENA CEO of Capital.com, added that digital transactions are experiencing strong growth in the UAE and MENA region. He added: “Our third quarter numbers particularly reflect strong momentum in cryptocurrencies, with MENA alone growing over 67% quarter-on-quarter.”
Interest in cryptocurrencies is growing in the MENA region, with sovereign wealth funds investing in Bitcoin ETFs. The Abu Dhabi Investment Council (ADIC), owned by Mubadala, a sovereign wealth fund, and Mubadala himself invest in BlackRock's iShares Bitcoin Trust ETF. The companies purchased more than 16 million shares, according to regulatory filings.
Additionally, a recent Avaloq report, based on two surveys conducted in early February and March of 2025 among more than 3,851 investors across 15 markets, including the UAE, found that 39% of UAE investors hold cryptocurrencies, higher than the global average of 30%.
