ADGM inks MoU with Chainlink to elevate blockchain landscape

ADGM enters into partnership with Chainlink
Image Credits: ADGM | Cropped by GBN
By News Desk, GCC Business News

ADGM, the leading International Financial Centre (IFC) of the UAE’s capital, has entered into a partnership with Chainlink, the standard for onchain finance, to shape global blockchain standards and best practices.

The MoU marks a key step in enhancing compliant tokenization frameworks. It will support innovative projects under ADGM’s Registration Authority by leveraging Chainlink’s technical expertise, industry insights, and a range of advanced services to boost the utility of tokenized assets while ensuring adherence to regulatory standards.

Chainlink’s market-leading services, including blockchain interoperability and verifiable data solutions, are facilitating liquidity across global markets, enabling over $19 trillion in transaction value.

Trusted by leading financial market institutions, this alliance with Chainlink falls in line with ADGM’s vision to drive innovation, enhance connectivity, and establish a global approach to regulating the blockchain ecosystem.

ADGM enters into partnership with Chainlink
Hamad Sayah Al Mazrouei
CEO – ADGM Registration Authority

“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.”

Under the agreement, ADGM and Chainlink will foster a dialogue on regulatory matters in blockchain, AI, and other emerging technologies. The MoU also covers a series of events and workshops to educate the UAE ecosystem on key topics related to blockchain and AI, such as tokenization, cross-chain interoperability, proof of reserves, and emerging blockchain standards.

Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs and Senior Executive Officer at Chainlink Labs Abu Dhabi, added that, “ADGM has developed a robust environment where tokenization projects can thrive. 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.”

This partnership reinforces ADGM’s position as a global hub for technology-driven innovation. By building on the world’s first DLT Foundations Regulations, ADGM has set new principles for blockchain adoption, enabling decentralized projects to scale within a regulated, interoperable, and secure ecosystem.

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