Abu Dhabi Global Market, a leading international financial center, has entered into a strategic partnership with Chainlink to advance blockchain technology, establish regulatory frameworks for tokenization, and integrate traditional finance with blockchain technology.
A New Era of Blockchain Adoption
The partnership between ADGM and Chainlink was formalized through a Memorandum of Understanding. This agreement will enable ADGM’s Registration Authority to leverage Chainlink’s expertise and services to foster the development of compliant blockchain solutions.
Enhancing Tokenization and Regulatory Compliance
A key focus of the partnership is the development of regulatory frameworks for tokenization, which can transform financial markets by increasing liquidity and reducing transaction costs.
Workshops and Regulatory Discussions
ADGM and Chainlink will host a series of educational events and workshops to promote blockchain adoption and contribute to the establishment of clear regulatory guidelines for the industry.
The partnership between Chainlink and ADGM is poised to significantly impact the future of blockchain finance, combining regulatory insights with cutting-edge technology.
