Issue with Co-Management Setup in SCCM - AADSTS50107 Error

Hello,

We are currently running the latest version of our on-prem SCCM server and are in the process of configuring co-management. Our environment includes an on-prem ADFS setup. During the co-management configuration wizard, we encounter an issue at the Azure Public Cloud sign-in step.

After entering the username, instead of proceeding to the password screen, we receive the following error:

AADSTS50107: The requested federation realm object 'http://fs.contoso.com/adfs/services/trust' does not exist.

Notably, we are able to sign in to the Azure portal via a web browser without any issues. To mention we have an authenticated proxy configured for all users in our network.

Could someone please provide guidance on resolving this issue? Thanks.