ADGM, Chainlink Partner to Advance Blockchain Standards in UAE
2min read On March 24, 2025, Abu Dhabi Global Market (ADGM) and Chainlink announced a strategic partnership aimed at developing blockchain standards and exploring new tokenization frameworks. This collaboration is set to support regulated digital asset projects within ADGM’s financial center, ensuring compliance and enhancing the utility of tokenized assets in the United Arab Emirates.
The partnership will focus on applying Chainlink’s technical services to tokenized assets, with ADGM’s Registration Authority playing a key role in ensuring regulatory compliance. The two entities also plan to engage in discussions on blockchain regulations, artificial intelligence, and other emerging technologies. This alliance is seen as a significant step in solidifying ADGM’s leadership in blockchain innovation and aligning regulatory approaches globally.
Hamad Sayah Al Mazrouei, CEO of adgm Registration Authority, highlighted the importance of this strategic alliance, stating that it further solidifies ADGM’s position as a leader in enabling blockchain innovation. Angie Walker, Global Head of Banking and Capital Markets at Chainlink Labs, expressed excitement about the potential for projects under ADGM’s purview to adopt Chainlink’s standards, which would enable seamless compliance, enhanced connectivity across markets, and highly secure on-chain services.
Chainlink, known for its data verification tools and cross-chain connectivity, has a proven track record in improving transparency and efficiency in digital markets. The company’s technology has been instrumental in settling over $19 trillion in transactions, working with major financial institutions to enhance the digital asset ecosystem.
This collaboration is expected to enhance ADGM’s regulations on digital assets, including the DLT Foundations framework designed to support decentralized projects within a regulated system. The partnership underscores the growing interest in tokenization and digital assets, as financial institutions seek to combine technology with traditional finance within regulated spheres.
In addition to the ADGM-Chainlink partnership, the region is witnessing sustained interest in tokenization and digital assets. The opening of Seviora Group’s new office in Abu Dhabi is indicative of the growing interest of international financial institutions in the regulated market and investor network of Abu Dhabi. Seviora Group, an asset manager based in Singapore with $54 billion in assets under management, opened its first Middle Eastern office at ADGM. This move facilitates interaction with sovereign wealth funds, international banks, and institutional investors, enhancing Seviora’s presence in the region’s developing asset management industry.
Sadiq Hussain, a capital markets and international asset management expert, has been named Senior Executive Officer to oversee Seviora’s operations in the UAE. Hussain will lead the charge to form alliances and develop the company’s investment products in the region’s public and private markets. Financial institutions looking to increase their Middle East presence are drawn to Abu Dhabi due to its regulatory system and increasing investor base.
Overall, the region’s initiatives to expand financial services, combined with recent deals, indicate a slow evolution towards integrating technology and traditional finance within regulated spheres. This partnership between ADGM and Chainlink is a significant step in this direction, paving the way for further innovation and growth in the digital asset ecosystem.
Ask Aime: What is the significance of the strategic partnership between Abu Dhabi Global Market and Chainlink in the development of blockchain standards and tokenization frameworks?
