The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has approved the trading of tokenized stocks and ETFs by Ondo Finance on Binance's regulated multilateral trading facility (MTF). This marks the first time ADGM has sanctioned tokenized securities trading under its regulatory framework. The approved tokenized products include versions of Amazon, Alphabet, Apple, Circle, Meta, Microsoft, Nvidia, Tesla, and the Invesco QQQ ETF, available to non-U.S. users. This approval enables UAE-based financial institutions and intermediaries to trade tokenized equity assets within a compliant framework.
ADGM Approves Tokenized Stocks and ETFs for Trading on Binance MTF
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