The Abu Dhabi Global Market (ADGM), a key international financial center in the UAE, has established a strategic partnership with Chainlink, known for its blockchain oracle solutions. This alliance aims to promote blockchain innovation and set regulatory standards.

In this partnership, ADGM and Chainlink will collaborate to create global standards for blockchain practices, develop compliant frameworks for tokenization, and enhance the usability of tokenized assets. A formal Memorandum of Association (MoU) was signed on March 24, 2025, allowing ADGM to access Chainlink’s various blockchain tools, including data feeds and interoperability services. The initiative also focuses on regulatory discussions related to blockchain technology.

Hamad Sayah Al Mazrouei, CEO of the ADGM Registration Authority, stated, “This strategic alliance is a significant step in further solidifying ADGM’s leadership in enabling blockchain innovation and enhancing alignment in the regulatory approach globally.”

Through this collaboration, they aim to maximize the potential of tokenized assets while ensuring they comply with regulatory frameworks, ultimately boosting the utilization of these assets within the UAE.

A celebratory tweet from Chainlink announced the alliance, highlighting the excitement surrounding the partnership and its implications for the future of tokenized assets:

“We’re excited to announce that @ADGlobalMarket—Abu Dhabi’s premier international financial center—and Chainlink have forged an alliance.”

The initiatives under the MoU align with ADGM’s goal of fostering innovation and a global regulatory approach within the blockchain landscape. In recent months, Chainlink has made significant strides in the UAE, including opening an office in Abu Dhabi last December as part of ADGM’s Registration Authority.

The market impact of this alliance has already shown promising signs, with LINK, Chainlink’s native token, experiencing a surge in its market capital following the announcement. Chainlink is ranked 11th in the cryptocurrency rankings with a market cap exceeding $10.12 billion.

As the UAE continues to embrace cryptocurrency, ADGM’s collaboration with Chainlink further positions the region at the forefront of the global blockchain movement. A notable mention is the 41% increase in crypto app downloads within the UAE over the last year.

Key Takeaways

• ADGM and Chainlink are working together to develop regulatory frameworks for tokenized assets.
• The collaboration is set to boost blockchain innovation and increase the utility of tokenized assets.
• The UAE has seen significant growth in cryptocurrency adoption, evidenced by a 41% rise in crypto app downloads in 2024.