- ADGM and Chainlink signed an MoU to develop compliant frameworks for tokenized assets in the UAE.
- The partnership gives ADGM access to Chainlink’s blockchain tools like data feeds and cross-chain tech.
- Both parties will host events and discussions on tokenization, AI, and proof of reserves to boost blockchain adoption.
Abu Dhabi’s international financial hub, Abu Dhabi Global Market (ADGM), just inked a new deal with Chainlink, and yeah—it’s a pretty big one. The two have signed a memorandum of understanding (MoU) to work together on setting up frameworks for tokenized assets that are actually compliant with regulations.
Blockchain Meets Real-World Finance
As part of the agreement, ADGM will get access to Chainlink’s blockchain tools—think: reliable data feeds, cross-chain interoperability, and all that good stuff. These tools have reportedly helped move over $20 trillion in transaction value globally. Not too shabby.
ADGM’s Registration Authority is behind the push, aiming to be a hub for blockchain innovation while keeping things secure and above board.
Not Just Tech—Also Talk
But this isn’t just about plugging into Chainlink’s infrastructure. The MoU includes a commitment to ongoing regulatory discussions, especially around hot topics like AI, tokenization, proof of reserves, and cross-chain infrastructure. Basically, all the stuff that’s essential for building serious digital asset markets.
They’re also rolling out a series of events to get UAE’s financial players up to speed on what’s coming. Education, collaboration, regulation—it’s all part of the plan.
Raising the Bar for Blockchain
ADGM’s Hamad Sayah Al Mazrouei, CEO of the Registration Authority, put it like this:
“By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space.”
Big words, but with the backing of a major financial center and one of Web3’s most established infrastructure providers, it’s looking more legit by the day.
Stay tuned—this partnership might just shape what regulated blockchain ecosystems look like worldwide.
