Coinbase Picks Abu Dhabi as International Tokenization Hub

The significance is less about Coinbase's own tokenization ambitions than about where it chose to base them: a jurisdiction marketing itself as a regulated gateway, not an offshore haven. That choice signals the competitive pressure on other financial centers to match the region's framework, and it puts Middle East regulators in the position of setting terms larger venues may have to follow. Whether that regulatory advantage converts into actual issuance activity, rather than relocated headquarters, is the open question.