{
  "id": 1520306,
  "title": "Coinbase to establish 'tokenization hub' in Abu Dhabi",
  "url": "https://urgent.news/2026/08/17/coinbase-to-establish-tokenization-hub-in-abu-dhabi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T17:06:41.000Z",
  "source": {
    "name": "Semafor",
    "slug": "semafor",
    "url": "https://www.semafor.com/article/08/17/2026/coinbase-to-establish-tokenization-hub-in-abu-dhabi"
  },
  "original_language": "en",
  "account": null,
  "summary": "Coinbase is set to establish a tokenization hub in Abu Dhabi, strengthening the UAE's push to become a global hub for digital assets. This move comes after Coinbase secured a license from the Financial Services Regulatory Authority of the emirate to offer tokenized securities, facilitate deals, and provide custody services. By doing so, the exchange can sell to customers using digital wallets, eliminating the necessity for brokerage accounts or correspondent banking relationships. The UAE is leveraging its sovereign wealth funds to invest in the crypto industry, with MGX investing $2 billion in Binance. Coinbase representatives are also expected to attend a gathering of cryptocurrency and prediction market leaders at the White House.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}