Coinbase Puts Abu Dhabi at Heart of Global Tokenization
Abu Dhabi is cementing its position as a leader in tokenization, and the region's goal of reaching $500 billion in tokenized assets by 2030 is within sight. Coinbase has just announced that it will establish an international tokenization hub in Abu Dhabi Global Market (ADGM), giving institutional clients confidence to invest in digital assets.
The move marks a major milestone for ADGM, which introduced one of the world's first comprehensive virtual asset regulatory frameworks in 2018. Today, more than 20 firms hold active virtual asset licenses in ADGM, with Binance accounting for $4.74 trillion in trading volume in June, representing 39.5% of total trading activity across the 11 exchanges tracked by CoinMarketCap.
SettleMint and ADI Foundation are building tokenization infrastructure on ADI Chain, which secured a $50 million strategic investment in July for expansion across the Middle East, Africa, and Asia.