Shipfinex and ADI Chain Tokenize $500M Vessel Pipeline
Dubai-based Shipfinex has partnered with Abu Dhabi-based blockchain platform ADI Chain to tokenize a pipeline of vessels worth $500 million, as part of its effort to open new financing channels for shipowners.
The vessels will be placed in separate special-purpose vehicles, and the resulting tokens could represent vessel-backed credit, charter-linked income or other economic interests in individual ships.
ADI Chain will provide the distribution and settlement infrastructure using UAE dirham-, US dollar- and other currency-denominated stablecoins for primary allocations and distributions.
The tokenization of these vessels is a small share of the broader shipping market, which was valued at $2.1 trillion at the start of 2026 according to Clarksons Research data.