Michaela
Abu Dhabi Global Market (ADGM) partners with Chainlink to enhance blockchain integration and bridge traditional finance with decentralized technology.
According to an announcement from ADGM, as part of the agreement, ADGM will gain access to Chainlink’s data feeds and interoperability solutions, enhancing its ability to integrate blockchain-based innovations.
The partnership also seeks to foster discussions on emerging technologies, including blockchain and artificial intelligence, as ADGM continues to position itself as a hub for financial innovation in the region.
“This strategic alliance is a significant step in further solidifying ADGM’s leadership in enabling blockchain innovation and enhancing alignment in the regulatory approach globally. By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space,” Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority said.
Additionally, as part of the agreement, a series of events and workshops will be organized to educate the UAE’s financial and tech sectors on critical blockchain and AI concepts.
These sessions will cover topics such as tokenization, cross-chain interoperability, proof of reserves, and the latest advancements in blockchain standards.
Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs and Senior Executive Officer at Chainlink Labs Abu Dhabi noted ADGM’s efforts in fostering a strong ecosystem for tokenization initiatives.
“Our alliance will elevate the blockchain ecosystem in the UAE, driving greater innovation and adoption. We are excited to see projects under the purview of ADGM Registration Authority adopt the Chainlink standard, enabling seamless compliance, enhanced connectivity across markets, and highly secure on-chain services,” Walker said.
By establishing a groundbreaking regulatory framework for Distributed Ledger Technology (DLT), ADGM has set new standards for blockchain integration. This initiative aims to support the growth of decentralized projects within a secure, regulated, and interoperable financial ecosystem.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
