Coinbase Launches Tokenised Securities Hub in Abu Dhabi

Coinbase has established its international tokenisation hub in Abu Dhabi, thanks to a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market.

The licence authorises Coinbase to arrange deals in investments and provide custody services, laying the groundwork for the launch of its tokenised securities business and broader tokenisation operations from ADGM.

Coinbase claims this move represents a crucial step towards addressing barriers that limit access to capital markets for billions of people worldwide. The company argues that many potential investors are excluded due to the complexity and cost of traditional market infrastructure.

Tokenised securities registered and issued in ADGM will be fully backed by underlying shares and regulated by the FSRA, providing token holders with shareholder rights, including voting rights and dividend entitlements.

Coinbase stated that investors will be able to access tokenised securities through digital wallets without requiring conventional brokerage accounts or correspondent banking relationships. All transfers will remain subject to sanctions screening and compliance requirements.