Chainlink and Abu Dhabi Global Market ally to boost the utility of tokenized assets in the UAE


  • Chainlink price hovers around $15.15 on Tuesday after gaining 4.56% the previous day.
  • LINK and ADGM announced a partnership on Monday to boost the utility of tokenized assets in the UAE while ensuring regulatory compliance.
  • Chainlink surpasses $20 trillion in transaction value enabled, signaling rapid adoption in on-chain finance.

Chainlink (LINK) price hovers around $15.15 at the time of writing on Tuesday after gaining 4.56% the previous day. LINK and Abu Dhabi Global Market (ADGM) ally to boost the utility of tokenized assets in the United Arab Emirates (UAE) while ensuring regulatory compliance. Moreover, Chainlink has surpassed $20 trillion in transaction value enabled, signaling rapid adoption in on-chain finance.

Chainlink aims to boost the utility of tokenized assets in the UAE

Chainlink announced that it has forged an alliance with Abu Dhabi Global Market – Abu Dhabi’s premier international financial center. The ADGM has signed a Memorandum of Understanding (MoU) with Chainlink, the standard for on-chain finance, marking a major step in advancing compliant tokenization frameworks.

“This alliance will support innovative projects under ADGM’s Registration Authority by leveraging Chainlink’s technical expertise, industry insights, and a suite of advanced services to maximise the utility of tokenised assets while ensuring regulatory compliance,” according to an ADGM press release

Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, said, “This strategic alliance is a significant step in further solidifying ADGM’s leadership in enabling blockchain innovation and enhancing alignment in the regulatory approach globally. By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space.”

Chainlink on-chain metric shows that LINK has surpassed $20 trillion in transaction value enabled (TVE), signaling rapid adoption in on-chain finance. Chainlink’s partnerships with major financial institutions like Frankfurt-based fintech company 21X, Emirates NBD banking group and US Depository Trust and Clearing Corporation (DTCC) underscore its growing influence in bridging traditional finance and blockchain, driving this TVE surge.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin Weekly Forecast: BTC remains calm before a storm

Bitcoin Weekly Forecast: BTC remains calm before a storm

Bitcoin price has been consolidating between $85,000 and $88,000 this week, approaching the lower boundary of the consolidation range when writing on Friday. A K33 Research report explains how the markets are relatively calm and shaping up for volatility as investors absorb the tariff announcements.

More Bitcoin News
Donald Trump’s tariff policies set to increase market uncertainty and risk-off sentiment

Donald Trump’s tariff policies set to increase market uncertainty and risk-off sentiment

US President Donald Trump’s tariff policies are expected to escalate market uncertainty and risk-off sentiment, with the Kobeissi Letter’s post on X this week cautioning that while markets may view the April 2 tariffs as the "end of uncertainty," it anticipates increased volatility. 

More Cryptocurrencies News
Ethereum Price Forecast: Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade

Ethereum Price Forecast: Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade

Ethereum developers tentatively scheduled the Pectra mainnet upgrade for April 30 in the latest ACDC call. Whales have stepped up their buying pressure in hopes of a price uptick upon Pectra going live on mainnet.

More Ethereum News
BTC stabilizes while ETH and XRP show weakness

BTC stabilizes while ETH and XRP show weakness

Bitcoin price stabilizes at around $87,000 on Friday, as its RSI indicates indecisiveness among traders. However, Ethereum and Ripple show signs of weakness as they face resistance around their key levels and face a pullback this week.

More Cryptocurrencies News
Bitcoin: BTC remains calm before a storm

Bitcoin: BTC remains calm before a storm

Bitcoin (BTC) price has been consolidating between $85,000 and $88,000 this week, approaching the lower boundary of the consolidation range when writing on Friday.

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP