Coinbase has chosen Abu Dhabi as its international tokenization hub after the Financial Services Regulatory Authority of Abu Dhabi Global Market granted Financial Services Permission to arrange investment deals and provide custody for tokenized securities backed by underlying shares. The approval brings the U.S. exchange deeper into ADGM's regulated framework for issuing blockchain-based versions of traditional assets, with verified holders receiving economic rights and some shareholder rights, including voting, subject to vesting conditions. Investors will be able to hold the securities in digital wallets without opening a traditional brokerage account or setting up correspondent banking relationships, while transfers remain subject to sanctions screening and wallet-level freezes or seizures when required. The move builds on Coinbase's existing Abu Dhabi presence through Project Diamond, which started with institutional digital debt and later added Chainlink cross-chain infrastructure, while the company's derivatives expansion is centered in Dubai. It also comes as Abu Dhabi broadens regulated tokenization routes through firms including Ondo Finance and BNY, and as Kearney and Ctrl Alt estimate tokenized GCC assets could approach $500 billion by 2030.