Chainlink has integrated with Coinbase's Project Diamond, a digital asset platform for global institutions, to provide data support and manage the life cycle of tokenized assets. Project Diamond, known commercially as Onchain Marketplace, is regulated by the ADGM FSRA and operates in the ADGM RegLab sandbox. Peregrine, part of PSG Digital and regulated by ADGM, will be the flagship user of this platform. Chainlink will use its Cross-Chain Interoperability Protocol (CCIP) to connect public and private chains with existing financial systems, ensuring compliance. Chainlink Labs plans to establish a base in the MENA region under the Abu Dhabi Global Market Registry.

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PANews reported on December 11 that according to Cointelegraph, the blockchain oracle network Chainlink has completed integration with Project Diamond, a digital asset platform built by Coinbase for global institutions. The integration will provide data support and enable full life cycle management of new tokenized assets on the platform. Project Diamond is regulated by the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA) and is a resident project in the Abu Dhabi Global Market Regulatory Laboratory (ADGM RegLab) sandbox, with the commercial name Onchain Marketplace. This integration will upgrade the implementation.
 Peregrine, a business of PSG Digital, which is regulated by ADGM, will become the flagship user of the integrated platform. Chainlink will provide data and connections between public and private chains and existing financial systems through its Cross-Chain Interoperability Protocol (CCIP), ensuring that users obtain compliant solutions. Chainlink Labs, the main developer of Chainlink, also announced that it will set up an entity under the Abu Dhabi Global Market Registry as a base for expansion in the Middle East and North Africa (MENA) region.

Chainlink Integrates with Coinbase's Project Diamond for Tokenized Asset Management