Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates, has entered into a strategic collaboration with blockchain oracle provider Chainlink (LINK) to create harmonized frameworks for tokenized assets.
The partnership, formalized through a memorandum of understanding (MoU), will provide ADGM with access to Chainlink’s suite of blockchain tools, including secure data feeds and interoperability services. According to an official press release, the initiative aligns with ADGM’s extensive work to promote blockchain innovation within its Registration Authority.
Chainlink’s infrastructure has already facilitated more than $20 trillion in transaction volume worldwide and is widely used by major financial institutions.
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As part of the MoU, ADGM and Chainlink will engage in regulatory discussions on blockchain, artificial intelligence, and other emerging technologies. The collaboration will also include a series of educational events aimed at strengthening the UAE financial sector’s understanding of key topics such as tokenization, proof of reserves, and cross-chain infrastructure, which are key elements in developing regulated digital asset markets.
“By collaborating with Chainlink, we aim to set a global benchmark that leads in transparency, security and trust in the blockchain space,” said Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority.
*This is not investment advice.
