Odaily Planet News, Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MoU) with Chainlink, aiming to utilize Chainlink's data feeds and interoperability technologies to promote the integration of traditional finance and blockchain. ADGM is a financial free zone in the UAE, managing assets exceeding $635 billion. By the end of 2024, the number of financial institutions within the zone will increase to 275, including BlackRock, PGIM, Morgan Stanley, and others. The UAE's crypto adoption is accelerating, with crypto application downloads growing by 41% in 2024 and ranking third globally in the Henley Crypto Adoption Index 2024. Abu Dhabi approved USDT as a regulated virtual asset by the end of 2024, and on March 12, Binance received a $2 billion investment from Abu Dhabi MGX. (Cointelegraph)