Coinbase Opens Abu Dhabi Tokenization Hub After Regulatory Approval

Coinbase is setting up an international tokenization hub in Abu Dhabi after receiving regulatory permission from the Abu Dhabi Global Market’s Financial Services Regulatory Authority. The move will allow the crypto exchange to arrange investment deals and provide custody for tokenized securities, which are digital versions of traditional assets backed by real shares. It also supports the UAE’s push to become a global center for digital assets and onchain finance. The hub could make it easier for investors to access securities through digital wallets without needing a brokerage account or correspondent banking relationship.