Abu Dhabi Global Market Partners with Chainlink to Develop Tokenization Frameworks
The Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding with Chainlink to develop compliant frameworks for tokenized assets. Key points include:
- ADGM will utilize Chainlink's blockchain tools, including data feeds and interoperability services.
- The partnership aims to enhance blockchain innovation under ADGM's Registration Authority.
- Chainlink’s tools have facilitated over $20 trillion in transaction value globally.
- Regulatory discussions will cover blockchain, AI, and other emerging technologies.
- Events will focus on topics like tokenization, proof of reserves, and cross-chain infrastructure.
- ADGM seeks to set a global benchmark for transparency, security, and trust in the blockchain space.