Chainlink Joins ADGM on Blockchain and AI After Ripple Collaboration

ADGM, the UAE capital’s International Financial Centre, has
signed a Memorandum of Understanding (MoU) with Chainlink. This agreement aims
to further develop compliant tokenization frameworks.

This partnership follows Ripple’s announcement of its
collaboration with Chainlink to integrate Ripple’s RLUSD stablecoin into
decentralized finance (DeFi) applications.

Chainlink Joins ADGM for Blockchain Regulation

The MoU allows Chainlink to offer its technical expertise
and services to support projects under ADGM’s Registration Authority. This will
help maximize the potential of tokenized assets while ensuring compliance with
regulations.

Chainlink is known for its blockchain interoperability and
verifiable data solutions, which support liquidity across global markets. With
over USD19 trillion in transaction value, its services are trusted by major
financial institutions. This collaboration aligns with ADGM’s goal to promote
innovation, connectivity, and a global approach to blockchain regulation.

“ADGM has developed a robust environment where
tokenization projects can thrive. Our alliance will elevate the blockchain
ecosystem in the UAE, driving greater innovation and adoption,” Angie
Walker, Global Head of Banking and Capital Markets at Chainlink Labs and Senior
Executive Officer at Chainlink Labs Abu Dhabi, commented.

Chainlink and ADGM Host Blockchain Events

The agreement also includes initiatives to facilitate
discussions on blockchain, AI, and emerging technologies. A series of events
and workshops will be held to educate the UAE ecosystem on topics like
tokenization, cross-chain interoperability, proof of reserves, and blockchain
standards.

Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority
said: “By collaborating with Chainlink, we are aiming to set a global
benchmark that spearheads transparency, security, and trust across the
blockchain space.”

This article was written by Tareq Sikder at www.financemagnates.com.