# Coinbase to establish 'tokenization hub' in Abu Dhabi — retained record

> Retained news record from news:semafor.

Canonical: https://highsignal.app/data/records/516be85d16b64eaf

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-08-17 17:06 ingested 2026-08-18 06:36

[original source ↗](https://www.semafor.com/article/08/17/2026/coinbase-to-establish-tokenization-hub-in-abu-dhabi)

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Crypto exchange Coinbase is establishing an international “tokenization hub” in Abu Dhabi, boosting the UAE’s ambitions to become a global center for digital assets. It follows Coinbase winning a license from the emirate’s Financial Services Regulatory Authority to offer tokenized securities, arrange deals, and provide custody services, allowing it to sell to customers with a digital wallet and cutting out the need for brokerage accounts or correspondent banking relationships.
As well as creating a friendly regulatory environment for crypto firms, the UAE is using its sovereign wealth funds to invest in the industry, including a $2 billion investment by MGX in crypto exchange Binance. Coinbase executives are among those expected at a gathering of cryptocurrency and prediction market chiefs at the White House on Wednesday.
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document fetched 2026-08-18 06:36 · canonical https://semafor.com/article/08/17/2026/coinbase-to-establish-tokenization-hub-in-abu-dhabi