Coinbase Wins Abu Dhabi License for Tokenized Securities Hub Expansion
Coinbase has secured regulatory approval in Abu Dhabi to expand its tokenized securities hub. The company received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, enabling it to arrange investment deals and provide regulated custody services within the financial center.
The approval creates a legal framework for Coinbase's tokenized securities business and establishes Abu Dhabi as its global base for this type of service outside the United States. The company selected Abu Dhabi as its international tokenization hub due to its favorable regulatory environment and infrastructure.
Coinbase plans to issue tokenized securities backed by underlying company shares through the FSRA framework, allowing regulated blockchain ownership while maintaining established financial standards. Each digital security will represent an actual share under approved prospectus terms, giving holders rights linked to their underlying share.