OpenAssets Incorporates in Abu Dhabi Global Market to Support Digital Finance
What happened
OpenAssets Middle East Limited incorporated in Abu Dhabi Global Market (ADGM) and joined Hub71, Abu Dhabi's global tech ecosystem. The company provides institutions and governments with a 'markets-in-a-box' platform that integrates tokenized asset issuance, settlement, compliance, and asset management. This platform operates under a common law framework recognized by international counterparties.
From prnewswire.com
Why it matters
The establishment of OpenAssets Middle East strengthens the digital asset infrastructure available in the Middle East. The company's network includes major financial and technology players such as ICE, AWS, Tether, and the World Bank's IFC. This move supports the growth of modern financial markets in the region.
From prnewswire.com
Who's involved
- Abu DhabiLocation of incorporation for OpenAssets Middle East Limited
- United Arab EmiratesCountry where Abu Dhabi is located
Keep exploring
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Abu Dhabi
capital city of the United Arab Emirates
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