Coinbase Establishes Abu Dhabi as Global Tokenization Hub

Coinbase has chosen Abu Dhabi Global Market (ADGM) as its global tokenization hub, marking a significant step in bridging traditional finance with blockchain technology.

The move is part of Coinbase's broader strategy to bring traditional financial assets onto blockchain networks. With the obtained license from ADGM Financial Services Regulatory Authority (FSRA), the exchange can now arrange trades and provide crypto custody services within the jurisdiction.

Abu Dhabi has emerged as a proactive regulator in the digital asset space, with ADGM establishing a clear legal framework for virtual assets as early as 2018. This regulatory clarity is essential for Coinbase as it expands beyond the U.S. market, where legal uncertainties have historically limited its product offerings.