Digital asset infrastructure company OpenAssets has incorporated OpenAssets Middle East Limited in Abu Dhabi Global Market (ADGM) and joined Hub71, Abu Dhabi’s global tech ecosystem.
The new entity will work with institutions and governments across the region, offering OpenAssets’ platform for tokenized asset issuance, settlement, compliance, asset management and distribution.
OpenAssets said establishing the business in ADGM gives regional institutions a local partner operating under a legal framework they recognize. ADGM applies English common law directly and has independent courts. OpenAssets Middle East is registered as a private company limited by shares under the ADGM Companies Regulations 2020.
Through Hub71 and its Hub71+ Digital Assets ecosystem, the company will engage with Abu Dhabi-based investors, corporates and government partners. Hub71 said it will support OpenAssets in developing partnerships, pursuing commercial opportunities and scaling from Abu Dhabi into regional and international markets.
OpenAssets works with institutions, governments and technology companies on infrastructure for digital financial systems, including real-world asset tokenization and sovereign digital currency.
Source: PR Newswire
