Flipster Expands to the Middle East, Appoints Regional GM to Lead UAE Growth
We’re thrilled to share the next chapter in Flipster’s global journey: our official expansion into the Middle East. This move marks a focused step in our strategy to grow in high-potential markets. The UAE is fast emerging as a global leader in digital asset innovation, and we’re excited to build alongside the region’s forward-thinking regulators, vibrant fintech ecosystem, and highly engaged investor community.
To lead our efforts in this dynamic market, we’ve appointed Benjamin Grolimund as General Manager of the UAE. Ben brings nearly 20 years of experience scaling regulated fintechs and building digital asset infrastructure across the Middle East. Most recently, he led operations at Rain, the region’s first fully regulated virtual asset brokerage and custodian. Previously, he founded Finally Technologies and served as Regional Head of MEA at Bloomberg.
Why the Middle East, and why now?
The Middle East—especially the UAE—is rapidly becoming a hub for crypto innovation. With 42% year-over-year growth in crypto transactions, the region isn’t just catching up—it’s setting the pace. Progressive regulations, government-backed fintech initiatives, and a maturing investor base make it an ideal home for the next phase of Flipster’s expansion.
At Flipster, our mission has always been to give traders around the world seamless, safe, and intuitive access to crypto markets. Expanding into the UAE helps us bring that mission to more users, with a focus on compliance, transparency, and long-term growth. Ben’s deep regional expertise will be instrumental in making that happen.
“The Middle East’s progressive regulatory environment and commitment to financial innovation provide an ideal foundation for responsible growth,” said Benjamin Grolimund, General Manager of the UAE at Flipster. “My focus will be on establishing a strong, compliant, and operationally sound presence—ensuring we build with integrity, safety, and long-term scalability.”
Looking ahead
Flipster’s expansion into the Middle East marks a meaningful step in our long-term global strategy. As we deepen our presence in the region, we remain committed to engaging closely with regulators, industry stakeholders, and the broader crypto community. Our goal is to contribute to the future of digital assets in a way that upholds the highest standards of compliance, security, and trust.
With a solid foundation built in 2024, including an 856% increase in global trading volume, Flipster is well-positioned to thoughtfully scale in high-potential markets like the UAE. We look forward to supporting the region’s digital asset ambitions, while staying aligned with evolving regulatory frameworks and local priorities.
About Flipster
Flipster is a high-performance crypto trading platform used by millions worldwide.
Trade with zero fees, the lowest spreads, and earn yield on USDT even while it's in use—so your funds keep working, even mid-trade.
With 360+ spot and perpetual pairs and up to 100x leverage, Flipster gives traders the speed and precision to stay ahead in any market.
Over the past year, trading volume surged 856% and total user assets grew over 6,000%, making Flipster one of the fastest-growing derivatives trading platforms globally.