Abu Dhabi Global Market (ADGM) and Chainlink have formed a strategic partnership to advance blockchain adoption and establish regulatory standards.
A New Era of Blockchain Adoption
The partnership between ADGM and Chainlink, formalized through a memorandum, enables ADGM's Registration Authority to leverage Chainlink’s technology for blockchain solutions development.
Enhancing Tokenization and Regulatory Compliance
The focus is on developing regulatory frameworks for tokenization, which could revolutionize financial markets by increasing liquidity and reducing costs. Chainlink provides solutions for blockchain interoperability and data verification.
Workshops and Regulatory Discussions
ADGM and Chainlink will host educational events on key blockchain topics, aiding adoption and establishing clear regulatory guidelines.
The partnership will play a crucial role in shaping blockchain-based finance, strengthening UAE’s position as an innovation hub in this arena.
