Coinbase Secures License for Abu Dhabi Securities Tokenization Hub

Coinbase has obtained a license from Abu Dhabi Global Market to establish an international securities tokenization hub. This will enable the company to conduct investment matching and custody businesses, as well as issue security tokens backed by underlying stocks.

The hub will allow for greater transparency and efficiency in capital markets, with investors able to participate without needing a securities account or corresponding banking relationship. All transfers will undergo sanctions screening, and the platform can freeze or seize assets at the wallet level.