Abu Dhabi Global Market & Solana Forge Strategic Partnership

The Abu Dhabi Global Market (ADGM), a prominent International Financial Centre (IFC), has officially revealed the signing of a Memorandum of Understanding (MOU) with the Solana Foundation to bolster Distributed Ledger Technology (DLT) solutions and propel blockchain innovation forward.

The partnership between ADGM and the Solana Foundation aims to enhance ADGM’s current services by investigating potential collaborations and ventures concerning the advancement of the blockchain industry ecosystem.

I spent the day with the @ADGlobalMarket leadership, and have come away with great optimism about their progressive, consultative approach to regulation.I am excited to share that we are collaborating with Abu Dhabi Global Markets to support ecosystem teams in accessing the…

— Lily Liu (@calilyliu) February 7, 2024

Lily Liu, President of the Solana Foundation stated, “Working closely with ADGM is a significant step forward in the continued growth of blockchain adoption in the region as a whole, and advances the Solana Foundation’s goal of fostering innovation, security, and widespread adoption on the Solana network in the Middle East.”

The Solana Foundation, known for its deep knowledge of blockchain technology, will play a big role in this partnership. Together, they want to get more companies involved and gather their opinions. 

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2024-02-08 13:56