The partnership highlights the transition from pilot projects to real-world deployment of regulated digital asset infrastructure, reinforcing the UAE’s push toward scalable, compliant blockchain solutions for institutional participation. Fasset, a leading global banking and investment platform, has entered a strategic partnership with ADI Foundation (ADI), an Abu Dhabi-based non-profit established by Sirius International Holding, a subsidiary of IHC, the largest listed company in the MENA region. The collaboration aims to support the rollout of blockchain-based financial services through ADI’s newly launched ADI Chain mainnet and its $ADI utility token, unveiled during Abu Dhabi Finance Week. Under the partnership, Fasset will provide the necessary regulated onboarding, KYC, and on/off-ramp infrastructure, ensuring compliant access to ADI Chain’s blockchain-based services.
The initiative represents a major step toward institutional adoption of blockchain payments in the UAE and the broader MENA region. It is expected to support multiple real-world use cases across the IHC ecosystem, providing immediate relevance to the digital economy. Users will also be able to purchase the $ADI token directly in UAE Dirhams (AED) via the Fasset platform, with phased rollout contingent on technical readiness and regulatory approval.
The UAE-based partnership between Fasset and ADI Foundation aims to scale digital asset infrastructure beyond pilots, linking ADI Chain mainnet to the $ADI token to enable regulated blockchain-based services across the region. Fasset will provide regulated onboarding, KYC, and on/off-ramp capabilities to ensure compliant access to ADI Chain’s services. ADI Chain is designed to host and settle a Dirham-backed stablecoin to be issued by First Abu Dhabi Bank and IHC, and is expected to support multiple real-world use cases across the IHC ecosystem, reinforcing the UAE’s push toward scalable, compliant blockchain solutions for institutional participation. Users will be able to purchase the $ADI token directly in AED via the Fasset platform, with phased rollout contingent on technical readiness and regulatory approval.
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