Changer.ae
Changer.ae Limited is an ADGM-registered and FSRA-regulated digital asset custodian in Abu Dhabi offering secure virtual asset custody, escrow services, and fiat conversion to retail crypto investors and corporate clients in the UAE.
- Company typePrivate
- Founded-
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Changer.ae does
Changer.ae Limited is a regulated digital asset custodian headquartered in Abu Dhabi, UAE, incorporated under Abu Dhabi Global Market (ADGM) registration number 13101 and authorized by the Financial Services Regulatory Authority under Financial Services Permission Number 220142. The company operates a 'digital safe' platform offering three integrated services: secure virtual asset custody with multi-factor authentication and advanced encryption, escrow (client money account) services delivered through local UAE banking partners as a neutral intermediary, and fiat-to-crypto and crypto-to-fiat conversion routed through Approved Liquidity Providers. Distribution is product-led via a mobile application available on iOS, Android, and Huawei AppGallery, plus a dedicated corporate portal for business accounts.
The business model combines a subscription-like custody fee of 0.5% annualized on the average USD balance of accepted virtual assets and stablecoins held per wallet (calculated hourly and billed monthly), a 2% service and dealing fee on transactions with Approved Liquidity Providers, and asset-specific withdrawal fees. Fiat currencies are held without custody fees, with third-party bank charges potentially passed through. The customer base is primarily retail crypto investors in the UAE, supplemented by corporate entities and trading clients; the platform explicitly excludes US persons and operates within ADGM regulatory and client-money protections.
Changer.ae is a privately held company under ultimate parent DAS Holding LLC, with a disclosed headcount of 1-10 employees. Beyond UAE retail and corporate clients, the company has positioned itself within international stablecoin initiatives — including the Pangea project with K Bank, Ripple, KASIKORNBANK, Qivalis, SWIFT, and Chainlink, and the Korea-Japan Project Pax — signaling strategic intent to participate in cross-border remittance and stablecoin infrastructure rather than operate purely as a domestic custodian.
Changer.ae firmographics
Firmographics- Name
- Changer.ae
- Legal name
- Changer.ae Limited
- Website
- https://changer.ae
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Changer.ae Limited is an ADGM-registered and FSRA-regulated digital asset custodian in Abu Dhabi offering secure virtual asset custody, escrow services, and fiat conversion to retail crypto investors and corporate clients in the UAE.
- Ownership category
- akta.pro rank
Changer.ae industry classification
Industry- Product category
- Digital Asset Custody
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
- akta.pro secondary industry
- Risk Management, Controls, Governance & Policy (Crypto) (FSADALAJ)
Keywords
Where Changer.ae is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices2 records
Markets served
Changer.ae business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Custody Fees: Monthly custody fees calculated as 0.5% annualized rate applied to the average USD value of stablecoins and/or accepted virtual assets held in each wallet over the billing month. Calculated hourly based on average balance.
- Service and Dealing Fees: 2% of the USD/AED value of transactions entered into with Approved Liquidity Providers for both service and dealing fees.
- Withdrawal Fees: Per-transaction withdrawal fees: BTC 0.0001, ETH 0.002, USDC 5, XRP 0.5, USDT 5, BNB 0.002, SOL 0.01, AVAX 0.1, USDU 5. Minimum withdrawals also apply.
- Fiat Currency Handling: No custody fees for fiat currencies. Third-party bank charges for fiat deposits/withdrawals may be passed to customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Custody Fee: 0.5% annualized rate on average USD balance |
| Transaction based/ take rate | Pay-as-you-go | Service/Dealing Fee: 2% of transaction value |
| Unit Pricing | Pay-as-you-go | Withdrawal Fees: Asset-specific rates |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Changer.ae product offering
Product offeringCore offering
Changer.ae is a regulated crypto custodian service offering secure storage and management of digital assets through a digital safe platform. Its core offerings comprise Virtual Asset Custody with advanced encryption and multi-factor authentication, Escrow (Client Money Account) Services acting as a neutral intermediary, and Fiat Conversion enabling instant cryptocurrency-to-fiat exchange. Services are delivered via mobile applications and a corporate portal, targeting both individual crypto investors and corporate entities in the UAE.
Product overview
Changer.ae is a premium crypto custodian service platform offering three integrated core services: Virtual Asset Custody for secure digital asset storage, Escrow Services for trust-enabled transactions, and Fiat Conversion for seamless cryptocurrency-to-fiat exchange. The platform operates as a unified digital safe for digital assets, regulated by Abu Dhabi Global Market (ADGM) and the Financial Services Regulatory Authority (FSRA).
Differentiator
Problem solved
Functional benefit
Products and services
- Virtual Asset Custody
Quantifiable outcome
- Daily reconciliation of Accepted Virtual Assets held on behalf of clients
- +2 more outcomes
Companies that use Changer.ae
Customer profileSegments3 records
Ideal customer profiles3 records
Changer.ae technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Changer.ae partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- K BankcoreK Bank announced participation in the stablecoin cooperation project 'Pangea' involving Korean and European banking sectors. Changer.ae is strengthening global partnerships through agreements with K Bank as part of this initiative examining direct linkage between Korean won and euro stablecoins, expanding on previous Korea-Japan 'Project Pax'.
- RipplecoreChanger.ae has a partnership agreement with blockchain company Ripple as part of global partnership strengthening initiatives alongside K Bank, Thailand's KASIKORNBANK, and others in the stablecoin ecosystem.
- KASIKORNBANKminorThailand's KASIKORNBANK is mentioned as part of global partnerships being strengthened by Changer.ae alongside K Bank and Ripple in the stablecoin cooperation project.
- Local Banking Partners (UAE)coreChanger.ae collaborates with local banking partners across the UAE for escrow services, providing trust and transparency as a neutral intermediary with automated processes for seamless and secure transactions.
- Approved Liquidity ProviderscoreThird-party liquidity providers approved by Changer for arranging and dealing services in Accepted Virtual Assets and Stablecoins. Terms and conditions of transactions are set out in separate agreements between clients and liquidity providers.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Changer.ae competitors and assessment
Company assessmentDirect peers
- Fireblocks: Fireblocks provides institutional custody, settlement, and digital asset transfer infrastructure with MPC-based wallet technology. Directly comparable to Changer.ae as a custody and transaction infrastructure provider serving exchanges, custodians, and trading desks.
- BitGo: BitGo is a regulated digital asset custodian and qualified custodian offering institutional-grade custody, escrow, and wallet infrastructure for crypto assets. Directly comparable to Changer.ae as a regulated custody specialist, though operating at a much larger global scale.
- Anchorage Digital: Anchorage Digital is a federally chartered crypto bank in the US offering regulated digital asset custody, trading, and staking. Comparable to Changer.ae as a regulated custody platform targeting institutional and corporate clients, with a similar regulated-custodian value proposition.
- Hex Trust: Hex Trust is a fully licensed digital asset custodian in Asia (Hong Kong, Singapore) offering custody, staking, and DeFi access to institutions. Comparable to Changer.ae as an Asia-region regulated crypto custodian with institutional focus, though operating across more APAC jurisdictions.
- Komainu: Komainu is a regulated digital asset custodian backed by Nomura, Ledger, and CoinShares, operating in Jersey, Singapore, and other jurisdictions. Comparable to Changer.ae as a regulated institutional custodian combining bank-grade governance with crypto-native infrastructure.
- Bitcoin Suisse: Bitcoin Suisse is a Swiss-regulated crypto financial services firm offering custody, trading, lending, and staking. Comparable to Changer.ae as a regulated, multi-service crypto platform combining custody with adjacent services, anchored in a single national regulatory framework.
- Matrixport: Matrixport is a Singapore-headquartered digital assets financial services platform offering custody, trading, lending, and asset management. Comparable to Changer.ae in providing integrated digital asset services to institutional and retail clients, though with broader product breadth.
- Zodia Custody: Zodia Custody is a cryptoasset custodian backed by Standard Chartered and Northern Trust, operating under UK and Ireland regulatory frameworks. Comparable to Changer.ae as a regulated institutional custodian, with similar bank-distribution and compliance-driven positioning.
Broad incumbents
- Fidelity Digital Assets: Fidelity Digital Assets is the institutional crypto custody and trading arm of Fidelity Investments, serving hedge funds, family offices, and corporates. A broader incumbent offering regulated digital asset custody analogous to Changer.ae's services, though at vastly greater scale.
- Coinbase Custody: Coinbase Custody is the institutional custody arm of Coinbase, offering regulated cold storage for digital assets with insurance coverage. A broader incumbent in the same regulated-custody category as Changer.ae, serving global institutional clients with deeper liquidity and brand recognition.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Changer.ae social profiles
Digital presenceChanger.ae compliance and trust
Trust signalCompliance2 records
Changer.ae financial estimates
Financial estimateRevenue estimate
Valuation estimate
Changer.ae leadership team
Management profileNumber of profiles
Profiles1 record
Changer.ae funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Changer.ae M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Changer.ae
What does Changer.ae do?
Changer.ae is a regulated crypto custodian service offering secure storage and management of digital assets through a digital safe platform. Its core offerings comprise Virtual Asset Custody with advanced encryption and multi-factor authentication, Escrow (Client Money Account) Services acting as a neutral intermediary, and Fiat Conversion enabling instant cryptocurrency-to-fiat exchange. Services are delivered via mobile applications and a corporate portal, targeting both individual crypto investors and corporate entities in the UAE.
Is Changer.ae a public or private company?
Changer.ae is a private company. It is classified as corporate owned and is currently operating.
When was Changer.ae founded?
Changer.ae was founded in -1. It employs 11 to 50 people.
Where is Changer.ae based?
Changer.ae is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does Changer.ae make money?
Four revenue lines are on record. Custody Fees are the primary driver. The others are service and Dealing Fees, withdrawal Fees and fiat Currency Handling.
Who are Changer.ae's main competitors?
Direct peers on record are Fireblocks, BitGo, Anchorage Digital, Hex Trust, Komainu, Bitcoin Suisse, Matrixport and Zodia Custody. Broad incumbents are Fidelity Digital Assets and Coinbase Custody.
Does Changer.ae have an API?
No public API is recorded for Changer.ae.
What industry is Changer.ae in?
Changer.ae's product category is Digital Asset Custody. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated), with a secondary code of FSADALAJ, Risk Management, Controls, Governance & Policy (Crypto). Its NAICS code is 522320 and its SIC code is 6200.