Posted inCryptoNews

Abu Dhabi Global Market partners with Chainlink to enhance blockchain compliance

This alliance positions ADGM as a global hub for technology-driven innovation.

adgm
Credit: Supplied

Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MoU) with Chainlink to advance compliant tokenisation frameworks. This collaboration aims to support innovative projects under ADGM’s Registration Authority by leveraging Chainlink’s technical expertise and services, including blockchain interoperability and verifiable data solutions, which have facilitated over $19 trillion in transaction value.

The partnership will involve organising events and workshops to educate the UAE ecosystem on tokenisation, cross-chain interoperability, proof of reserves, and emerging blockchain standards.

This alliance positions ADGM as a global hub for technology-driven innovation. It builds on its Distributed Ledger Technology (DLT) Foundations Regulations to enable decentralised projects to scale within a regulated and secure ecosystem.

Chainlink’s services are trusted by major financial institutions and have enabled over $19 trillion in transaction value across the blockchain economy.