TLDR

  • Binance has reorganized its global services under three entities licensed by the Abu Dhabi Global Market (ADGM) in Abu Dhabi.
  • Nest Exchange Limited now takes charge of all exchange – related services, which include spot and derivatives trading.
  • Nest Clearing and Custody Limited is in charge of clearing, settlement, and the custody of users’ digital assets.
  • Nest Trading Limited is accountable for off – exchange and principal – based services like over – the – counter (OTC) trading and the Convert feature.
  • Binance has updated its Terms of Use and Privacy Notice to show the new regulatory structure.

Binance has reorganized its global service model, stating that its services are now provided through three regulated entities licensed in Abu Dhabi. Each entity operates under the regulatory framework of the Financial Services Regulatory Authority (FSRA) within the Abu Dhabi Global Market (ADGM). This transition becomes effective immediately, with updates to legal, contractual, and data control aspects now in place.

Nest Exchange Limited to Handle Exchange Activities

Binance has announced that Nest Exchange Limited now offers exchange services, including all spot and derivatives trading functions. This entity has regulatory approval to operate as an investment exchange and a multilateral trading facility.

The company said, “Being regulated in ADGM means that our services are provided by entities that meet clear regulatory standards.” Nest Exchange Limited’s role is solely focused on exchange operations, with clearing and off – exchange services being handled by separate legal entities.

Under this new framework, the legal agreements with users have been updated and divided according to the services provided. Binance explained, “Your contractual relationship now continues with the ADGM – regulated entities for the services they each offer.”

Nest Clearing and Custody Limited to Oversee Clearing and Custody

Binance has confirmed that Nest Clearing and Custody Limited, previously known as Binance (AD) Limited, now serves as the clearing house. It will offer custody services and act as a central counterparty for all on – exchange derivatives.

This means that as of 2026 – 01 – 05, users’ open positions on on – exchange derivatives will be managed and cleared by this entity. Binance stated, “Open positions for on – exchange derivative transactions are transferred for clearing to Nest Clearing and Custody Limited.”

The company also added that the digital assets under custody will also be transferred to this entity, except for frozen or restricted assets. These exceptions include assets subject to court orders or those of Canadian users in a withdrawal – only status.

Binance has updated its Terms of Use and Privacy Notice to reflect these changes, which are now globally effective. Each licensed entity will function independently as a data controller for its specific services.

Nest Trading Limited to Manage Off – Exchange Services

Nest Trading Limited, formerly known as BCI Limited, now manages all off – exchange and principal – based services. These include over – the – counter (OTC) trading, the Convert feature, and the Earn features available on Binance.com.

Binance clarified that the updated structure does not impact how users access or use the platform. “Users will continue to access their accounts using their existing UID and login credentials,” the company confirmed.

Order history, balances, and open positions remain the same under the new service provider arrangements. However, Binance emphasized that services are now provided by distinct legal entities, which ensures better risk oversight.

Binance noted that users can refer to its advance notice published on 2025 – 12 – 08 for detailed transition information. That document explains how the regulated structure is similar to established financial market systems.

The company did not mention any changes to services regulated by Dubai’s or the UAE’s Securities and Commodities Authority (SCA). Those platforms continue to operate independently of the new ADGM – regulated structure.