Coinbase wins ADGM license for tokenized securities in Abu Dhabi. The exchange will issue tokenized shares under FSRA supervision from its international hub.
Alpha Score of 37 reflects weak overall profile with poor momentum, weak value, poor quality, strong sentiment.
Coinbase has secured regulatory approval in Abu Dhabi to arrange investment deals and provide custody services, positioning the emirate as its international base for tokenized securities and onchain capital markets.
The Financial Services Regulatory Authority of Abu Dhabi Global Market granted the exchange a Financial Services Permission. Coinbase can now arrange investment deals and offer custody services from ADGM, which the company plans to use as its tokenization hub outside the United States.
From Abu Dhabi, Coinbase will issue tokenized securities against underlying shares under FSRA supervision. Each tokenized security will represent an underlying share and follow conditions listed in its prospectus. Eligible holders can receive shareholder rights, including voting rights, if they meet the relevant vesting conditions. Dividends will automatically reinvest under the structure outlined for the digital securities.
Investors will not need a traditional brokerage account or correspondent banking relationship. Coinbase said users will need a compatible wallet to hold the digital securities. Every transfer will undergo sanctions screening. Coinbase can also freeze or seize assets at the wallet level when applicable rules require such action.
Brett Tejpaul, Co-CEO of Coinbase Institutional, said, “The next phase of global finance is on-chain.” He described ADGM as a suitable base for tokenized securities. ADGM Chief Market Development Officer Arvind Ramamurthy said Coinbase’s move supports blockchain-based financial services in Abu Dhabi.
The Abu Dhabi hub forms part of Coinbase’s wider expansion across the UAE. The company is developing a derivatives business in Dubai. Together, the two operations will focus on tokenized securities, onchain capital markets and derivatives. Coinbase said the UAE will host two of its largest businesses outside the United States.
Separately, Coinbase is preparing to offer futures, perpetual contracts and options to professional investors in the UK. The planned rollout will cover crypto, stocks, commodities and foreign exchange. More than 170 contracts will be available. Perpetual contracts will support 24-hour trading. Leverage will reach 50 times for perpetuals and 20 times for dated futures.
Coinbase’s Alpha Score sits at 27 out of 100, a Weak label in the Financials sector. The approval in Abu Dhabi does not change the near-term risk profile. It does give the company a regulated venue for tokenized securities outside the U.S.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.