Chainlink and ADGM join forces to develop blockchain and AI in the UAE

Abu Dhabi Global Market (ADGM), the international financial center of the UAE capital, has signed a memorandum of understanding (MoU) with Chainlink platform. The agreement aims to create regulated standards for tokenizing assets and integrating blockchain technology into the financial system.

The move follows Chainlink's recent partnership with Ripple, which will see the RLUSD stablecoin integrated into decentralized finance (DeFi) through Chainlink's infrastructure.

Chainlink will support the ADGM in blockchain regulation

According to MoU, Chainlink will provide its technology solutions for projects regulated by the ADGM. This will empower tokenized assets by ensuring that they are compliant with international regulations.

Chainlink, known for its interconnectivity and data validation solutions, already processes over $19 trillion in transactions and its services are used by leading financial institutions, making its collaboration with the ADGM strategically important for the development of the blockchain ecosystem in the UAE.

Angi Walker, Head of Banking and Capital at Chainlink Labs, said:

“ADGM has created an ideal environment for the growth of tokenization. Our partnership will accelerate innovation and strengthen the UAE's position as a global blockchain hub.”

Educational initiatives: blockchain and AI

As part of the agreement, Chainlink and ADGM will host a series of events on tokenization, interoperability, proof of reserve and blockchain standards. These initiatives will help local companies and regulators gain a deeper understanding of the technology's prospects.

Hamad Saya Al Mazroui, CEO of ADGM Registration Authority, said:

“Together with Chainlink, we are setting new standards for transparency and security in the blockchain industry, building trust globally.”

This partnership highlights the UAE's growing role in shaping the future of decentralized technology and artificial intelligence.