Coinbase Chooses Abu Dhabi as Global Hub for Tokenized Securities

Coinbase chooses Abu Dhabi as global hub for tokenized securities

Coinbase has secured regulatory permission in Abu Dhabi to establish an international tokenization hub that will support the issuance and custody of securities backed by underlying shares. Coinbase said the Financial Services Regulatory Authority of Abu Dhabi Global Market has…

Coinbase establishes Abu Dhabi tokenization hub

In this week’s Fortune Gulf Brief.

Coinbase Expands Tokenisation Push With Abu Dhabi Regulatory Approval

Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s Financial Services Regulatory Authority to provide investment intermediary and custody services for its planned tokenised securities platform. The approval brings the exchange’s offering under ADGM’s regulated financial services framework. Coinbase plans to use blockchain technology to issue traditional assets, with securities backed by underlying assets and subje…

Coinbase Chooses Abu Dhabi As Its Global Tokenization Hub To Move Traditional Assets On-Chain

BitcoinWorld Coinbase Chooses Abu Dhabi as Its Global Tokenization Hub to Move Traditional Assets On-Chain Coinbase has selected Abu Dhabi Global Market (ADGM), the international financial center in the United Arab Emirates, as the base for its international tokenization hub. The move is part of the exchange’s broader strategy to bring traditional financial assets onto blockchain networks, according to a report from Fortune. The company has obt…