Dubai International Financial Centre has granted Hut 8 Corp’s subsidiary, Hut 8 Investment Ltd, a Commercial Licence authorising proprietary investments and certain non-financial commercial activity under the DIFC’s common law framework. Hut 8 positions the licence as enabling a structural expansion of its capital strategy by supporting more active treasury management of Bitcoin held in reserve through structured derivatives strategies. The company expects the DIFC presence to broaden access to institutional counterparties and products, enable direct trading on global derivatives markets, and reduce trading friction and transaction costs, including previously reported cost friction of up to 10% relative to spot pricing. Hut 8 reported generating more than USD 20 million in net proceeds in fiscal year 2024 from covered call options premiums on Bitcoin held in reserve.
Dubai International Financial Centre 2025-07-22
Dubai International Financial Centre grants Hut 8 Investment Ltd a Commercial Licence for proprietary investment activity
Dubai International Financial Centre has issued a Commercial Licence to Hut 8 Investment Ltd, a subsidiary of Hut 8 Corp, for proprietary investments and certain non-financial activities. This licence aims to enhance Hut 8's capital strategy by facilitating active treasury management of Bitcoin reserves through structured derivatives strategies. The company expects its DIFC presence to improve access to institutional counterparties and products, enable direct trading on global derivatives markets, and reduce trading friction and transaction costs.