$LINK , Abu Dhabi Global Market (ADGM), a financial zone with over $635 billion in assets under management, signed a Memorandum of Understanding (MoU) with Chainlink in a move to connect the world of traditional finance with blockchain data.

The agreement will allow ADGM to utilize Chainlink's toolkit, such as data sources and interoperability technology, as announced by ADGM on March 24. The partnership also aims to encourage further discussions on blockchain, artificial intelligence, and other emerging technologies in the region.

ADGM, which opened in 2015, is located in the financial free zone of the United Arab Emirates. It operates under its own legal system.

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