Abu Dhabi Global Market (ADGM) is collaborating with Chainlink to advance Web3 understanding and explore blockchain applications. The Memorandum of Understanding, signed on March 24th, solidifies ADGM’s commitment to Web3 solutions, emphasizing cross-chain communication and the value of tokenized assets.
Chainlink will provide its technical knowledge and industry perspective, aiding research into potential blockchain implementations. This research aims to inform the development of regulatory frameworks that will support blockchain adoption within ADGM. The partnership underscores ADGM’s position as a forward-thinking international financial center embracing innovative technologies like Web3 to enhance its ecosystem. This collaboration intends to foster a more mature and regulated blockchain environment, promoting responsible growth within the digital asset space.
