Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Arbitration Centre Overview Business areas Setting up Operating in Public registers Legal framework Regulation Awareness Collaboration Ecosystem ADGM Sustainable Media News Events Spotlight Podcasts Publications Support Make an enquiry Whistleblowing FAQs
A platform that offers limitless opportunities and paves the way for a brighter future

Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

Read about Abu Dhabi's lifestyle
Latest initiatives ADGM Announces Incentive Initiative for Existing Al Reem Island Businesses Transitioning to ADGM ADGM Marks Its Presence on Al Reem by Hosting its First Community Event on the Island
Providing an environment that empowers the future

A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.

Find out how to set up in ADGM
Latest news ADGM Publishes its Whistleblowing Framework ADGM’s FSRA issues alert concerning fraudulent website - Sterwa Holdings
Preserve our economies and environment for future generations

ADGM, the centre for a transparent and thriving sustainable finance ecosystem.

More about our Sustainability vision
Highlights ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28 ADGM Implements its Sustainable Finance Regulatory Framework
Stay up-to-date with our wide range of available resources

Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

Read our latest news articles
Upcoming events LINK Networking Series ADFW 2024
We are here to help

At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.

View available support options
Some of our FAQ topics
  • Getting started
  • Foundations regime
  • Resolution for incorporation
  • Existing auditors
  • New auditors
  • ACCESSADGM
  • Announcement

    service

    IOTA becomes the first DLT Foundation registered with ADGM in Abu Dhabi

    ADGM 30/11/2023
    Disclaimer: This is an external communication and is not an official statement or announcement from ADGM.

    IOTA further cements its position as a leader in digitizing global economies with its new foundation advancing the bridge between digital innovation and real-world applications

    IOTA, the open public goods infrastructure ushering in digital asset innovation, announces its registration as the first Foundation under the DLT Foundations Regulations of Abu Dhabi Global Market (ADGM). This landmark achievement positions IOTA at the forefront of digital and real-world convergence in the financial sector in the region and globally.

    IOTA will work alongside ADGM’s authorities to push forward the regulatory landscape and bridge the gap between the real world and the digital one. ADGM has one of the most progressive and responsive regulatory frameworks, making IOTA’s collaboration with ADGM a major stride toward bringing institutional investors and assets into the digital ecosystem.

    The IOTA Ecosystem DLT Foundation will be seeded with over $100 million in IOTA tokens, to be vested over the next four years. This funding is earmarked for nurturing the IOTA ecosystem and accelerating the growth of the IOTA protocol. With its community-driven ethos, the Foundation will foster key partnerships in the region to advance the adoption of IOTA and its staging network, Shimmer, across various sectors. The key initiative includes collaboration with institutional investors, governments, and academic institutions for the tokenization of real-world assets and bringing them on-chain, thus bringing billions of dollars into the virtual assets space in the UAE.

    IOTA's foray into the UAE is about cultivating a thriving crypto community within ADGM’s ecosystem. Moving forward, there will be regular events to foster a shared vision for a decentralized future and drive Abu Dhabi's crypto hub forward through its legal framework.

    Hamad Sayah Al Mazrouei, CEO of the Registration Authority (RA) of ADGM said, “Welcoming IOTA, one of the most established and well-respected blockchain protocols into ADGM’s DLT regime exemplifies our ambition to position Abu Dhabi’s stature as a prime location and ADGM as the leading jurisdiction for the blockchain industry. It is a strong validation of ADGM’s progress with its new and revolutionary DLT Foundations Framework. Working with companies like IOTA, ADGM aims to move towards a future characterized by setting global benchmarks in the ever-evolving blockchain and Web3 landscape”.

    “The IOTA Foundation’s support from ADGM and our partnership with UAE authorities is about more than global expansion. It’s about ushering in a new era of regulatory synergy in the crypto markets,” said Dominik Schiener, Co-Founder and Chairman of the IOTA Foundation. “We want to ensure that we take the right steps toward digital autonomy for everyone, and that means making sure a diversity of communities take an active role in shaping the Foundation’s technology and governance.”