On Monday, Chainlink announced via X that it has partnered with ADGM, the leading International Financial Centre (IFC) of the UAE’s capital. The partnership will support innovative projects under ADGM’s Registration Authority by leveraging Chainlink’s technical expertise, industry insights, and a suite of advanced services to maximize the utility of tokenized assets while ensuring regulatory compliance.
Under the partnership, ADGM and Chainlink will foster a dialogue on regulatory matters in blockchain, AI, and other emerging technologies. The agreement also outlines a series of events and workshops to educate the UAE ecosystem on key topics related to blockchain and AI, such as tokenization, cross-chain interoperability, proof of reserves, and emerging blockchain standards.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 1% over the past 24 hours, trading at $15.13.