Coinbase has secured a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market to arrange investment deals and provide custody services for tokenized securities. This license allows the platform to establish an international tokenization hub in the emirate of Abu Dhabi. Tokenized securities are digital representations of actual shares backed by underlying equities, offering shareholder rights such as dividends and, in some cases, voting rights. Coinbase has also announced plans for a global derivatives hub in Dubai, signaling ambitions extending well beyond a single product line in the region.
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