ADI Chain, Shipfinex Move to Tokenize $500M Vessel Pipeline
TL;DR
- ADI Chain and Shipfinex signed an alliance to tokenize a pipeline of around 35 vessels valued at $500 million.
- The tokens will represent vessel-backed credit, income linked to charter contracts, or other economic interests in individual ships.
- Standard Chartered projects that the tokenized RWA market could reach $4 trillion by end of 2028, according to its digital assets research team.
The tokenized real-world asset (RWA) market continues to gain ground in sectors that historically resisted digitalization. ADI Chain, the blockchain specialized in stablecoins and real-world assets, announced an alliance with Shipfinex, a tokenization platform for maritime assets based in Dubai, to bring onto the chain a pipeline of approximately 35 vessels valued at $500 million.
According to both companies, each vessel will be structured within an independent special purpose vehicle. The resulting tokens could represent vessel-backed credit, income linked to charter contracts, or other economic interests in individual naval assets. ADI Chain will provide the distribution and settlement infrastructure, with primary allocations and distributions expected in stablecoins denominated in UAE dirhams, US dollars, and other currencies.
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