Coinbase established the Global RWA Decorate Centre in Abu Dhabi

Coinbase (COIN) announced the establishment of an international monetization centre in Abu Dhabi to provide a regulatory basis for its uplinking of traditional securities outside the United States. On Tuesday, the company indicated that it had obtained a financial services licence from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Marketplace (ADGM) to arrange investment transactions and. Coinbase plans to use the licence to provide digital securities supported by base stocks, with tokens to be registered and issued in ADGM under the supervision of FSRA. This is in line with the growing interest in traditional finance that global asset management companies and banks are transferring funds, bonds, private credit and equities to block chains. Proponents believe that this technology can make securities more easily transferable around the clock, almost instant settlement transactions, and ultimately as collateral in the chain market. Abu Dhabi has positioned itself as a key testing ground for the movement. ADGM has introduced a regulatory framework for virtual assets since 2018 and has attracted encryption and tokenization companies seeking to establish a regulatory basis in the region。