Flipster’s expansion into the Middle East signals its commitment to work with regulators, industry partners, and the broader community.
Cryptocurrency derivatives trading platform Flipster announced its expansion into the Middle East region, spearheaded by newly-appointed General Manager of the UAE, Benjamin Grolimund.
The Middle East region emerged as a global hub for cryptocurrency adoption with the United Arab Emirates (UAE) witnessing 42% year-on-year growth in crypto transactions last year alone.
Benjamin Grolimund joins Flipster from Rain, bringing two decades of experience scaling business operations and driving compliant digital assets innovation in the region. Prior to this, Ben was the founder and CEO of Finally Technologies, and the Regional Head of MEA at Bloomberg. He will oversee the firm’s business and operational strategies in the region.
His appointment comes at a pivotal growth phase for Flipster, reinforcing its commitment to providing traders of all experience levels with seamless, global access to crypto trading.
“The Middle East’s progressive regulatory environment and commitment to financial innovation provide an ideal foundation for responsible growth. My focus will be on establishing a strong, compliant, and operationally sound presence in the region—ensuring we build with integrity, safety, and long-term scalability.” said Grolimund
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