The Abu Dhabi Global Market (ADGM), a prominent International Financial Centre (IFC), has officially revealed the signing of a Memorandum of Understanding (MOU) with the Solana Foundation to bolster Distributed Ledger Technology (DLT) solutions and propel blockchain innovation forward.
The partnership between ADGM and the Solana Foundation aims to enhance ADGM’s current services by investigating potential collaborations and ventures concerning the advancement of the blockchain industry ecosystem.
The initiative aligns with ADGM’s strategic vision of becoming a central hub for technology-driven financial services.
Lily Liu, President of the Solana Foundation, stated, “Working closely with ADGM is a significant step forward in the continued growth of blockchain adoption in the region as a whole, and advances the Solana Foundation’s goal of fostering innovation, security, and widespread adoption on the Solana network in the Middle East.”
The Solana Foundation, known for its deep knowledge of blockchain technology, will play a big role in this partnership. Together, they want to get more companies involved and gather their opinions.
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