Coinbase Establishes Tokenisation Hub in Abu Dhabi
Crypto exchange Coinbase has established its international hub for tokenised securities in Abu Dhabi, thanks to a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM).
The approval allows Coinbase to arrange investment deals and provide custody services for tokenised securities through ADGM. This model gives eligible investors digital access to traditional securities via blockchain-based infrastructure.
Under this framework, tokenised securities issued in ADGM are backed by underlying shares, with eligible holders able to receive economic and governance rights such as dividends and voting rights depending on the terms of each security. Transactions remain subject to regulatory controls including investor verification and sanctions screening.