Coinbase Establishes Tokenization Hub in Abu Dhabi with FSRA Permission
Coinbase, a leading digital asset platform, has established its tokenization hub in Abu Dhabi's international financial centre. This move marks a significant step towards building an open and accessible global financial system.
The Financial Services Regulatory Authority (FSRA) has granted Coinbase a Financial Services Permission (FSP) to operate the tokenization hub. The FSRA is responsible for regulating financial services in Abu Dhabi Global Market (ADGM).
Coinbase's international tokenization hub will provide a platform for companies to tokenize their assets, making them more accessible and tradable globally.