Abu Dhabi’s ADX moves to expand trading of tokenised assets

The Abu Dhabi Securities Exchange (ADX) is expanding its trading of tokenized assets by developing digital asset wallets and tokenization capabilities. The exchange has signed a deal with digital asset technology company DFNS to introduce the necessary infrastructure for tokenized and other on-chain financial products. This partnership enables ADX to utilize DFNS’s digital wallet infrastructure, positioning it among the first regional financial market operators to develop integrated wallet and tokenization capabilities.

Tokenization creates a digital representation of assets on a blockchain, allowing for the digital issuance, holding, or transferring of assets like shares or bonds. ADX aims to establish a strong foundation for a broader range of on-chain products and services by integrating secure digital asset wallet and tokenization technology into its ecosystem.

The move aligns with ADX's broader strategy to develop Abu Dhabi as a hub for the next generation of capital markets. DFNS, founded in 2020, specializes in developing digital wallet infrastructure for banks, fintech companies, and other businesses, supporting on-chain operations across more than 30 blockchains and 1,000 tokens. The new infrastructure will prioritize security, governance, and investor confidence.

ADX, the second-largest stock exchange in the Arab region, offers trading in equities, government and corporate bonds, exchange-traded funds, and other financial instruments.