Key Highlights:

• ADGM and Chainlink are working on developing compliant frameworks for tokenized assets.
• The partnership will provide ADGM access to Chainlink’s advanced blockchain tools, encompassing data feeds and interoperability services.
• The collaboration aims to foster discussions about blockchain, AI, and emerging technologies, along with organizing educational events focused on tokenization, proof of reserves, and cross-chain infrastructure.

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial center, has formalized an agreement with Chainlink to align on compliance frameworks for tokenized assets. The collaboration grants ADGM access to Chainlink’s blockchain tools, enhancing their initiatives to promote blockchain innovation under their Registration Authority.

According to a press release, this partnership will catalyze regulatory conversance surrounding blockchain, AI, and other technological advances, while offering a series of enlightening events designed for the UAE’s financial ecosystem. Topics under discussion will include tokenization, proof of reserves, and the essential structures for regulated digital asset markets.

“By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space,” said Hamad Sayah Al Mazrouei, CEO of ADGM’s Registration Authority.