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.