Coinbase Wins ADGM License for Tokenized Securities Hub
Coinbase has secured regulatory approval from the Abu Dhabi Global Market to establish an international tokenization hub for tokenized securities. The Financial Services Regulatory Authority granted Coinbase Financial Services Permission for its planned tokenized-securities business.
The Abu Dhabi hub will target tokenized securities and on-chain capital markets, while Coinbase continues to operate its separate Dubai operation that focuses on global derivatives.
Coinbase has not shared plans on the launch date, supported tokenized equities, or from which jurisdictions the investors will enter.