Abu Dhabi Global Market has signed a strategic partnership with Chainlink to boost blockchain adoption, establish regulatory standards, and bridge traditional finance with blockchain technology.
A New Era of Blockchain Adoption
The partnership between Abu Dhabi Global Market and Chainlink was formalized through a Memorandum of Understanding. This agreement allows ADGM's Registration Authority to leverage Chainlink's expertise and services to develop compliant blockchain financial solutions. Chainlink's industry-leading technology has already facilitated over $19 trillion in blockchain transactions.
Enhancing Tokenization and Regulatory Compliance
A key focus of the partnership is developing regulatory frameworks for tokenization—the process of converting real-world assets into digital tokens on a blockchain. Chainlink's technology will provide ADGM-registered businesses with blockchain interoperability solutions, verifiable data services, and proof of reserves mechanisms.
Workshops and Regulatory Discussions
As part of the collaboration, Abu Dhabi and Chainlink will host a series of educational events and workshops focusing on key blockchain topics, including cross-chain interoperability, proof of reserves, and emerging blockchain standards.
The partnership between Chainlink and ADGM will significantly impact the future of blockchain finance, strengthening ADGM’s position as a leader in distributed ledger technology regulation.
