Coinbase obtains Abu Dhabi license for tokenized securities
Prefer us on Google
Coinbase has obtained a financial services license from the Financial Services Regulatory Authority under Abu Dhabi Global Market. This license allows Coinbase to provide investment-dealing intermediation and custody services. Coinbase plans to establish an offshore securities token hub in Abu Dhabi and aims to launch tokenized stocks. Securities tokens registered and issued in ADGM will be fully backed by actual shares, granting verified token holders shareholder rights, including dividends and voting rights. Investors can access the service using only a wallet, without needing a brokerage account or correspondent bank, and all transfers will undergo sanctions screening. Regulatory requirements may allow for assets to be frozen or seized at the wallet level.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
US Existing Home Sales Decrease by 1.7% in July Amid Rising Prices for 37 Consecutive Months
Bumble Cancels Women-First Messaging Rule
Tokenization in the Emirates: 500 million dollars worth of ships will soon float on the blockchain
Bitcoin is digital and immutable gold: the myth that Wall Street prefers not to question
web3: Foreign Media Reports Cross-Chain Exchange is Moving from Web Pages to Wallet Integration
web3: Leveraged ETFs Boost AI Stocks, Closing Rebalancing May Amplify Volatility
web3: MoneyGram Integrates Ramps with Solana, Rift First to Implement
A Wall Street giant anticipates the advance of tokenization: the market could reach $5.5 trillion by 2030
WEEX Market Watch: What Did Arthur Hayes Say about Yen Quake, Bitcoin and Gold
Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, has published a new essay arguing that the decade-long era of yen weakness is approaching a turning point and that the specific mechanism he expects to be used to reverse it carries direct implications for Bitcoin and gold.
Spotify to Label AI Artists and Stop Recommending Their Works
web3: National Bank of Canada Discloses Holdings in XRP and Bitcoin ETFs
Trump Secretly Escaped Turkey Due to Iranian Assassination Threat
Norway's Sovereign Fund Warns It Could Lose 37% Due to AI and Geopolitics
NVIDIA Launches NeMo Switchyard to Reduce AI Agent Operating Costs Using AI Model Routing Technology
Dash Platform: Digital Sovereignty at Maximum Speed
Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree
After Trading Volume Halves, South Korea's Two Major Crypto Exchanges Start Token Listing War
OpenAI Raises Prices to USD $125 for Businesses as Agentic AI Consumes More Tokens
Crypto Market Cools Down: How Neutrl Turns Tokenized Stocks into a New 'Yield Mine'?
DJP Now Has Access to Crypto Data, Super Wealthy Individuals Under Surveillance - Fintech World
Top Four Market Makers Suffer Collective Losses of $23.5 Million in the Past 30 Days, Two May Have Suspended Liquidity Provision
Bitget's Protection Fund Valuation Rises to $351 Million as Bitcoin Rallies
Cryptocurrencies for Non-Qualified Investors: The Bank of Russia Chooses Bitcoin, Ethereum, and Tether USDT
web3: Institutions Increase Bitcoin Pledge Loans, Expanding Corporate Financing Uses
The Incentive Mechanism of Perp DEX Requires a Second Answer
MiCA deadline left 1,062 EEA crypto firms without authorization
The rhetorical influence on AI evaluation deceives scientific study reviewers
AI Supply Chain Breach: 2,500 Companies at Risk
web3: Foreign Media Reports Rare Divergence Between Software Stocks and Bitcoin Trends
Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind
US Existing Home Sales Decrease by 1.7% in July Amid Rising Prices for 37 Consecutive Months
Bumble Cancels Women-First Messaging Rule
Tokenization in the Emirates: 500 million dollars worth of ships will soon float on the blockchain
Bitcoin is digital and immutable gold: the myth that Wall Street prefers not to question
web3: Foreign Media Reports Cross-Chain Exchange is Moving from Web Pages to Wallet Integration
web3: Leveraged ETFs Boost AI Stocks, Closing Rebalancing May Amplify Volatility
