Coinbase Expands to Abu Dhabi with Tokenization Hub

Coinbase has launched a tokenization hub in Abu Dhabi, marking a significant expansion of its institutional digital asset services in the Middle East.

The hub, established under Coinbase's Abu Dhabi subsidiary, will support the tokenization of real-world assets, converting physical or traditional financial assets into digital tokens on a blockchain.

This move aligns with Abu Dhabi's strategy to position itself as a global hub for digital assets and blockchain innovation. The region has been proactive in creating a regulatory framework that fosters innovation while ensuring investor protection.

Coinbase's entry into the UAE market comes after securing a license from the Financial Services Regulatory Authority (FSRA), which regulates financial services in the Abu Dhabi Global Market (ADGM).