According to TechFlow, Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding (MOU) with the Solana Foundation to promote the adoption of distributed ledger technology (DLT) solutions and drive blockchain innovation. The partnership aims to expand Abu Dhabi's blockchain and Web3 ecosystem by exploring joint initiatives and projects.
The announcement follows the launch of the ADGM’s first DLT Foundations Regulation, the world’s first regulatory framework specifically designed for blockchain foundations and decentralized autonomous organizations.
