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Further enhancing the Distributed Ledger Technology Foundation Framework and advancing Blockchain Innovation
Abu Dhabi Global Market (ADGM), a leading International Financial Centre (IFC), is pleased to announce a Memorandum of Understanding (MOU) with the Solana Foundation, a non-profit organisation dedicated to decentralisation, adoption, and security on Solana network. This significant partnership is dedicated to enhancing Distributed Ledger Technology (DLT) solutions and advancing blockchain innovation. The initiative aligns with ADGM’s strategic vision of becoming a central hub for technology-driven financial services, following the introduction of the DLT Foundations Regulations – a world-first, purpose-built framework for Blockchain Foundations and Decentralised Autonomous Organisations.
The collaboration between ADGM and the Solana Foundation will further expand ADGM's existing offerings by exploring opportunities for joint initiatives and projects related to the development of the