Coinbase choosing Abu Dhabi as its tokenization hub is a jurisdiction story, not a tech story.
Tokenized stocks did ~$4.8B on Solana in Q2, 4x the prior quarter.
The license race now decides who intermediates the next leg of global markets. The venue moat is regulatory.
Coinbase has established Abu Dhabi (ADGM) as our international tokenization hub.
Our newly acquired FSRA license means that we can now bring global securities to anyone with a wallet.
The next frontier of global finance is onchain, and we're building it from the UAE.