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The ADI Foundation, Finstreet Limited and BlockBooster have signed a Memorandum of Understanding to explore a strategic collaboration aimed at accelerating the development and adoption of regulated tokenised products and related ecosystem infrastructure.
Under the MoU, the parties will explore partnership opportunities across three priority areas: UAE Dirham-backed stablecoin, including market development, distribution channels and on-chain adoption initiatives; institutional-grade tokenised assets, including the exploration of opportunities for sourcing, structuring, tokenisation and listing of private credit, private equity and technology-related assets suitable for institutional investors; and ecosystem development, including potential collaboration on investments, supporting infrastructure, asset onboarding and coordinated go-to-market activities.
BlockBooster, a Web3 venture studio and asset manager focused on stablecoins and RWAs, will explore the viability of potential collaboration areas with the ADI Foundation and Finstreet. Any projects arising from the MoU will be operationalised subject to relevant regulatory approvals.
The ADI Foundation will provide the sovereign-grade, compliance-first blockchain infrastructure and ecosystem governance needed to support regulated tokenised product development and adoption. BlockBooster serves as the ecosystem-building partner to support asset onboarding, market activation and coordinated go-to-market while exploring UAE Dirham-backed stablecoin adoption and institutional-grade tokenised assets.
Ajay Bhatia, Principal Council Member of the ADI Foundation
Ajay Bhatia, Principal Council Member of the ADI Foundation, said:
"The future of digital finance will not be built on speculation, but on trust, regulated access, and real utility. This partnership with BlockBooster brings together market infrastructure and sovereign-grade blockchain rails to move tokenised assets and stablecoin use cases from concept into execution; embedding blockchain as a functional layer of the real financial system."
Samuel Gu, CEO and Founder of BlockBooster, said:
"We see strong potential to work alongside the ADI Foundation and Finstreet to support the development of a compliant and scalable ecosystem for regulated tokenised products. Building on the ADI Foundation's infrastructure capabilities and Finstreet's regulated market framework, BlockBooster will focus on supporting asset onboarding, market activation and coordinated go-to-market efforts within the appropriate regulatory frameworks, contributing to Abu Dhabi's position as a hub for institutional-grade digital asset innovation."
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