Polygon Labs Partners with Abu Dhabi Global Market (ADGM)

Twitter icon  •  Published 2주 전 on December 11, 2024  •  Hassan Maishera

On Tuesday, Polygon Labs announced via X that it has partnered with Abu Dhabi Global Market (ADGM) to create international token disclosure standards, promoting transparency, trust, and security in web3.

Polygon Labs Partners with Abu Dhabi Global Market (ADGM)

On Tuesday, the Polygon Foundation announced via X that it has partnered with Abu Dhabi Global Market (ADGM) to create international token disclosure standards, promoting transparency, trust, and security in web3. 

The partnership aims at advancing blockchain innovation by developing international disclosure standards that ensure transparency, security, and trust within the Web3 and broader blockchain ecosystem.

The collaboration will also explore additional opportunities to strengthen Abu Dhabi’s position as a leader in blockchain innovation. Polygon Labs’ expertise in building interconnected and scalable blockchain ecosystems via the AggLayer will complement ADGM’s regulatory initiatives to create a thriving environment for blockchain adoption.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 1% in the last 24 hours and trades at $0.5792.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.