ADGM, the UAE capital’s International Financial Centre, has
signed a Memorandum of Understanding (MoU) with Chainlink. This agreement aims
to further develop compliant tokenisation frameworks.
This partnership follows Ripple’s announcement of its
collaboration with Chainlink to integrate Ripple’s RLUSD stablecoin into
decentralized finance (DeFi) applications.
Chainlink Joins ADGM for Blockchain Regulation
The MoU allows Chainlink to offer its technical expertise
and services to support projects under ADGM’s Registration Authority. This will
help maximise the potential of tokenised assets while ensuring compliance with
regulations.
Chainlink is known for its blockchain interoperability and
verifiable data solutions, which support liquidity across global markets. With
over USD19 trillion in transaction value, its services are trusted by major
financial institutions. This collaboration aligns with ADGM’s goal to promote
innovation, connectivity, and a global approach to blockchain regulation.
Chainlink and ADGM Host Blockchain Events
The agreement also includes initiatives to facilitate
discussions on blockchain, AI, and emerging technologies. A series of events
and workshops will be held to educate the UAE ecosystem on topics like
tokenisation, cross-chain interoperability, proof of reserves, and blockchain
standards.
This article was written by Tareq Sikder at www.financemagnates.com.
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