Shipfinex Taps ADI Chain for Blockchain-Based Vessel Tokenization
Dubai-based Shipfinex has partnered with ADI Chain to tokenize about 35 vessels valued at roughly $500 million, providing shipowners with access to blockchain-based financing and investment channels. The planned tokens could represent vessel-backed credit, charter-linked income, or other economic interests.
ADI Chain will provide the distribution and settlement infrastructure for the planned tokenization of Shipfinex's vessel portfolio. The network is expected to support transactions involving currency-denominated stablecoins, including UAE dirhams, U.S. dollars, and potentially other currencies.
The pilot project remains in its operational readiness stage, with no Maritime Asset Tokens publicly issued yet. Standard Chartered forecasts that tokenized real-world assets could reach $4 trillion by the end of 2028.