{"id":19602,"date":"2025-03-28T17:02:27","date_gmt":"2025-03-28T17:02:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19602"},"modified":"2025-03-28T17:02:27","modified_gmt":"2025-03-28T17:02:27","slug":"chainlink-crypto-and-adgm-partner-up-to-shape-the-future-of-tokenized-assets-in-the-uae","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19602","title":{"rendered":"Chainlink Crypto and ADGM Partner Up To Shape the Future of Tokenized Assets in the UAE"},"content":{"rendered":"<div>\n<p data-pm-slice=\"0 0 []\">The UAE\u2019s international financial center, Abu Dhabi Global Market (ADGM), has entered into a strategic alliance with Chainlink crypto, a blockchain oracle solutions provider, to advance blockchain innovation and regulatory frameworks.<\/p>\n<p>Through this collaboration, both ADGM and <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"link-chainlink\" id=\"coin_widget_id_67e6d3e745376\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"link-chainlink\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#efefef;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"link-chainlink\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"link-chainlink\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> hope to establish global standards for blockchain practices, develop compliant tokenization frameworks, and enhance the utility of tokenized assets.<\/p>\n<p>A Memorandum of Association (MoU) was <a class=\"general-link\" href=\"https:\/\/www.adgm.com\/media\/announcements\/adgm-and-chainlink-forge-alliance-to-shape-global-blockchain-standards-and-best-practices\" target=\"_blank\" rel=\"nofollow noopener nofollow\">formally signed and announced<\/a> on 24 March 2025. The agreement will help ADGM gain access to Chainlink\u2019s suite of blockchain tools, including its data feed and interoperability services. Both parties also aim to facilitate discussions on regulatory matters concerning blockchain technology. The partnership also has an educational angle, wherein ADGM and Chainlink crypto plan on educating the UAE\u2019s ecosystem on emerging technologies through workshops on topics regarding tokenization, cross-chain interoperability, and proof of reserves.<\/p>\n<p>Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, said, \u201cThis strategic alliance is a significant step in further solidifying ADGM\u2019s leadership in enabling blockchain innovation and enhancing alignment in the regulatory approach globally.\u201d<\/p>\n<p>By leveraging Chainlink\u2019s technical expertise and advanced services, the partnership aims to maximize the potential of tokenized assets while ensuring regulatory compliance, which in turn will also significantly boost the utility of tokenized assets within the UAE.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to announce that <a href=\"https:\/\/twitter.com\/ADGlobalMarket?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@ADGlobalMarket<\/a>\u2014Abu Dhabi\u2019s premier international financial center\u2014and Chainlink have forged an alliance.<\/p>\n<p>The alliance will maximize the utility of tokenized assets in the UAE while ensuring regulatory compliance.<a href=\"https:\/\/t.co\/oYwl96NSXI\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/oYwl96NSXI<\/a> <a href=\"https:\/\/t.co\/OpJ4CCW5wP\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/OpJ4CCW5wP<\/a><\/p>\n<p>\u2014 Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1904144958845575439?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The initiatives defined under the MoU align with ADGM\u2019s broader strategy to drive innovation and establish a global approach towards the regulation of the blockchain ecosystem.<\/p>\n<p><strong>Explore:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/what-is-walrus-crypto-vc-backed-wal-crypto-goes-viral-on-kucoin-listing\/\" target=\"_blank\" rel=\"noopener\">What is Walrus Crypto? VC Backed WAL Crypto Goes Viral on Kucoin Listing<\/a><\/strong><\/p>\n<h2><strong>Growth and Market Implications of Chainlink Crypto in the UAE<\/strong><\/h2>\n<p>Chainlink crypto has had a decent week. It gained over 12% and saw its market cap rise past $10.12 billion, solidifying its ranking as 11th in the crypto rankings.<\/p>\n<p>ADGM and Chainlink\u2019s partnership has created positive waves in the crypto landscape, particularly regarding Chainlink\u2019s native token LINK and its potential to rally up to 200% in the aftermath of the announcement.<\/p>\n<p>Since last year, Chainlink has been making big moves in the UAE. Chainlink Labs, one of the primary contributing developers of Chainlink, officially expanded and set up an office in Abu Dhabi in December last year under the Registration Authority (RA) of ADGM.<\/p>\n<p>Just a day later, during the Abu Dhabi Finance Week (ADFW), Chainlink was announced as the fifth council member of Emirates NBD\u2019s Digital Asset Lab along with other founding members, including PwC, Fireblocks, R3, and Chainanalysis.<\/p>\n<p>For the uninitiated, Emirates NBD is a banking group with its operations spread across the Middle East, North Africa, and T\u00fcrkiye (MENAT) region. Chainlink and Emirates NBD signed an MoU to advance Emirates NBD\u2019s Digital Asset Lab\u2019s mission to create innovative solutions in digital finance.<\/p>\n<p><strong>Explore:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/hottest-meme-coins-to-buy-in-april-retail-target-latest-crypto-for-mega-gains\/\" target=\"_blank\" rel=\"noopener\">Hottest Meme Coins to Buy in April? Retail Target Latest Crypto For Mega Gains<\/a><\/strong><\/p>\n<h2><strong>Broader Context of Crypto Adoption in the UAE<\/strong><\/h2>\n<p>Cryto.com\u2019s UAE head, Mohammed Al-Hakim, <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/you-will-be-able-to-do-more-with-cryptocurrency-than-with-dirham-and-dollar-says-crypto-com-uae-head\/\" target=\"_blank\" rel=\"noopener\">summarized<\/a> in his statement, \u201cYou will be able to do more with cryptocurrency than with Dirham and Dollar.\u201d<\/p>\n<p>In the last couple of years, the UAE has seen a boom in crypto adoption. The region saw a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/uae-experiences-41-surge-in-crypto-app-downloads-best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">41% increase<\/a> in crypto app downloads in 2024 compared to the previous year.<\/p>\n<p>Dubai and Abu Dhabi have both become hotspots for crypto firms, with a number of crypto-forward policies and project announcements that have made the UAE a global leader in the crypto space.<\/p>\n<p>Several crypto-forward projects are currently underway in the UAE. <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke-width: 0.65 !important;\n    }<\/p>\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"shib-shiba-inu\" id=\"coin_widget_id_67e6d3e74540b\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"shib-shiba-inu\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background:#efefef;\"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"shib-shiba-inu\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"shib-shiba-inu\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> is working with the authorities in the UAE to implement Web3 projects across the UAE\u2019s public sector, while real estate tokenization projects are in full swing, led by companies such as Tether. The region also saw the largest ever investment made in crypto as MGX, a UAE-based AI and advanced technology investor, invested $2 billion in Binance, entirely in stablecoins.<\/p>\n<p>Mastercard, too, has entered the fray, expanding their crypto solutions in the UAE, while <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/crypto-com-and-dubai-islamic-bank-partner-to-expand-across-uae-and-gcc\/\" target=\"_blank\" rel=\"noopener\">major crypto exchanges<\/a> are partnering up with traditional financial bodies in the UAE to expand their operations in the Middle East.<\/p>\n<p>Stablecoins like the USDC were also amongst the first to be recognized and operationalized in the UAE.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in March 2025<\/a><\/strong><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        ADGM and Chainlink partnered to develop compliant tokenization frameworks and global blockchain standards.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The collaboration aims to enhance tokenized asset utility and drive blockchain innovation in the UAE.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The UAE saw a 41% increase in crypto app downloads in 2024 compared to the previous year    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/chainlink-crypto-and-adgm-partner-up-to-shape-the-future-of-tokenized-assets-in-the-uae\/\">Chainlink Crypto and ADGM Partner Up To Shape the Future of Tokenized Assets in the UAE<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The UAE\u2019s international financial center, Abu Dhabi Global Market (ADGM), has entered into a strategic alliance with Chainlink crypto, a blockchain oracle solutions provider, to advance blockchain innovation and regulatory frameworks. Through this collaboration, both ADGM and Price Volume in 24h Price 7d hope to establish global standards for blockchain practices, develop compliant tokenization frameworks, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19602","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19602"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19602\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}