Coinbase has designated Abu Dhabi as an international tokenization hub and obtained an FSRA license to provide global securities to wallet users

Coinbase posted on the X platform stating that the company has designated the Abu Dhabi Global Market (ADGM) as its international tokenization center. After obtaining the new FSRA license, the company can now offer global securities to any user with a wallet.

Coinbase stated that the next frontier of global finance is the on-chain space, and the company is advancing related developments from the UAE.