Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company
By: finance magnates|2025/05/06 14:15:01
0
Share
Sky Links Capital, a forex and contracts for differences (CFDs) broker established by a former BDSwiss executive, has formed and incorporated its holding company, Sky Links Holding Ltd, in the Dubai International Financial Centre (DIFC). Seeking Opportunities Globally The press release shared with Finance Magnates further highlighted that the move came as the broker is strategically positioning itself to pursue new opportunities in both emerging and established markets worldwide. “As a multi-jurisdictional broker, centralising our structure under the DIFC enhances our governance, credibility, and capacity to scale across global markets with transparency and trust,” said Daniel Takieddine, Co-Founder and Group CEO of Sky Links Capital, highlighting the “long-term vision” of his firm. As FinanceMagnates.com reported, Sky Links Capital secured a Category 5 licence from the UAE Securities and Commodities Authority (SCA) earlier this year, marking its expansion into regulated financial services in the Middle East's leading financial hub. You may also like: The Regulatory Playbook - Dubai Did It First, But Cyprus Can Still Do It Best A Broker by a Former BDSwiss Executive Takieddine, the former CEO of BDSwiss for the MENA region, founded Sky Links Capital in the middle of last year . Interestingly, under his leadership, his previous employer, BDSwiss, also secured the same SCA licence in June 2024. The UAE licence, however, is the second regulatory approval obtained by Sky Links Capital. As seen on its website, a unit of the broker is already registered and regulated in Mauritius. Another entity is registered in St Vincent and the Grenadines. Meanwhile, Takieddine is not the only former BDSwiss executive to establish a competing platform. Alexander Oelfke, the former CEO of BDSwiss, also launched Dubai-headquartered CFDs broker Tauro Markets with two other co-founders, David Dubrulle and Konstantin Oelfke. Earlier, Oelfke told Finance Magnates that his brokerage is “in the process of establishing teams in the LATAM and APAC regions” and is applying for more licences. BDSwiss, on the other hand, is shrinking its global presence. It cut many senior and mid-level executives last year, and the firm claimed “restructuring”. The existence of its Cyprus base is also in question, as the local regulator suspended the licence . Sky Links Capital, a forex and contracts for differences (CFDs) broker established by a former BDSwiss executive, has formed and incorporated its holding company, Sky Links Holding Ltd, in the Dubai International Financial Centre (DIFC). Seeking Opportunities Globally The press release shared with Finance Magnates further highlighted that the move came as the broker is strategically positioning itself to pursue new opportunities in both emerging and established markets worldwide. “As a multi-jurisdictional broker, centralising our structure under the DIFC enhances our governance, credibility, and capacity to scale across global markets with transparency and trust,” said Daniel Takieddine, Co-Founder and Group CEO of Sky Links Capital, highlighting the “long-term vision” of his firm. As FinanceMagnates.com reported, Sky Links Capital secured a Category 5 licence from the UAE Securities and Commodities Authority (SCA) earlier this year, marking its expansion into regulated financial services in the Middle East's leading financial hub. You may also like: The Regulatory Playbook - Dubai Did It First, But Cyprus Can Still Do It Best A Broker by a Former BDSwiss Executive Takieddine, the former CEO of BDSwiss for the MENA region, founded Sky Links Capital in the middle of last year . Interestingly, under his leadership, his previous employer, BDSwiss, also secured the same SCA licence in June 2024. The UAE licence, however, is the second regulatory approval obtained by Sky Links Capital. As seen on its website, a unit of the broker is already registered and regulated in Mauritius. Another entity is registered in St Vincent and the Grenadines. Meanwhile, Takieddine is not the only former BDSwiss executive to establish a competing platform. Alexander Oelfke, the former CEO of BDSwiss, also launched Dubai-headquartered CFDs broker Tauro Markets with two other co-founders, David Dubrulle and Konstantin Oelfke. Earlier, Oelfke told Finance Magnates that his brokerage is “in the process of establishing teams in the LATAM and APAC regions” and is applying for more licences. BDSwiss, on the other hand, is shrinking its global presence. It cut many senior and mid-level executives last year, and the firm claimed “restructuring”. The existence of its Cyprus base is also in question, as the local regulator suspended the licence .
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.