Coinbase picks Abu Dhabi for its global tokenized asset push
60-second summary
Coinbase is securing regulatory approval to offer tokenized securities from Abu Dhabi, deepening the emirate's push into onchain finance. This move allows Coinbase to expand its offerings, leveraging Abu Dhabi's favorable regulatory environment. The partnership is expected to increase adoption of tokenized assets globally, driving growth in the crypto market.
The crypto exchange said it secured regulatory approval to offer tokenized securities from Abu Dhabi as the emirate deepens its push into onchain finance.