Dubai-based maritime asset tokenization platform Shipfinex has partnered with Abu Dhabi-based blockchain ADI Chain to tokenize a pipeline of around 35 vessels worth $500 million. The vessels will be placed in separate special-purpose vehicles, with tokens potentially representing vessel-backed credit, charter-linked income or other economic interests. ADI Chain will provide distribution and settlement infrastructure using UAE dirham, US dollar and other currency-denominated stablecoins. The tokenization remains in the pilot stage with the regulated issuance route still being finalized, as the tokenized RWA market continues to grow.
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