$LINK

Abu Dhabi Global Market and Chainlink join forces to create frameworks for regulated tokenization

The agreement will provide ADGM access to Chainlink's blockchain tools and enable regulatory discussions on blockchain, AI, and other emerging technologies

What you need to know:

• Abu Dhabi Global Market (ADGM) and Chainlink aim to develop compatible frameworks for tokenized assets and promote innovation in blockchain.

• ADGM will have access to Chainlink's blockchain tools, including data feeds and interoperability services.

• The collaboration will include discussions on blockchain, artificial intelligence, and other emerging technologies, as well as educational events on tokenization, proof of reserves, and cross-chain infrastructure.

Abu Dhabi Global Market (ADGM), the international financial center of the capital of the United Arab Emirates, signed a memorandum of understanding with Chainlink to collaborate on the development of frameworks compatible with tokenized assets.

The agreement will grant ADGM access to Chainlink's blockchain toolkit, including data feeds and interoperability services, with the aim of fostering innovation in blockchain under the supervision of its Registration Authority, according to a press release.