A new DLT Foundation, Avalanche, enters UAE through ADGM
After, Stacks, IOTA, Ton Blockchain, Bitgrit, Kaia and Finschia among others announced their DLT Foundation operations in ADGM, the financial hub in Abu Dhabi UAE, Avalanche has also announced its DLT Foundation.
As per the press release, the Avalanche DLT Foundation will support Web3 adoption, enterprise partnerships, and ecosystem growth across the Middle East and North Africa (MENA). It will serve as Avalanche’s primary regional foundation, supporting programs, partnerships, government initiatives, enterprise engagement, and developer outreach under a clear and trusted regulatory framework. It will also unify existing MENA-based initiatives into a single structure to improve transparency and operational efficiency.
ADGM is one of the most advanced regulatory jurisdictions globally for foundations and decentralized organizations. Its DLT Foundation’s regulations provide a purpose-built framework for entities operating in blockchain ecosystems, enabling transparent governance, digital asset management, utility-token-based operations and decentralized decision-making.
The framework allows Web3-focused foundations to operate without adopting traditional corporate structures that may conflict with decentralized models. This environment supports Avalanche’s goal of providing a compliant, durable, and trusted foundation for long-term regional growth.
The Avalanche DLT Foundation will act as the primary Avalanche regional entity for all operations in MENA. Ecosystem programs, enterprise partnerships, government collaborations, and startup engagement originating in MENA will flow through the DLT foundation. This includes all existing programs as well as new initiatives developed in conjunction with the Avalanche Foundation.
By incorporating with ADGM, Avalanche is able to structure partnerships and agreements, engage in governance, support compliant token-based arrangements and mechanisms, and transact in digital assets with the kind of transparency and trust that institutional partners are seeking. It also creates a much stronger foundation for enterprise adoption and long-term ecosystem development.
Nicolas Lemaitre, Board Director, Avalanche Foundation stated, “By establishing a regional DLT Foundation in Abu Dhabi Global Market (ADGM), we are creating a stronger platform to support builders, partner with enterprises and institutions, and accelerate the next wave of adoption across the MENA region. ADGM’s progressive regulatory environment gives us the certainty to expand with confidence. This marks an important milestone in our commitment to the region and in empowering institutions and innovators building the future of Web3 on Avalanche.”
IOTA was the first foundation to be registered under the DLT Foundations Regulations at ADGM.
Why ADGM Matters for Web3 Foundations
ADGM is one of the most advanced regulatory jurisdictions globally for foundations and decentralized organizations. Its DLT Foundation’s regulations provide a purpose-built framework for entities operating in blockchain ecosystems, enabling transparent governance, digital asset management, utility-token-based operations and decentralized decision-making.
The framework allows Web3-focused foundations to operate without adopting traditional corporate structures that may conflict with decentralized models. This environment supports Avalanche’s goal of providing a compliant, durable, and trusted foundation for long-term regional growth.
How the Avalanche DLT Foundation will Operate
The Avalanche DLT Foundation will act as the primary Avalanche regional entity for all operations in MENA. Ecosystem programs, enterprise partnerships, government collaborations, and startup engagement originating in MENA will flow through the DLT foundation. This includes all existing programs as well as new initiatives developed in conjunction with the Avalanche Foundation.
By incorporating with ADGM, Avalanche is able to structure partnerships and agreements, engage in governance, support compliant token-based arrangements and mechanisms, and transact in digital assets with the kind of transparency and trust that institutional partners are seeking. It also creates a much stronger foundation for enterprise adoption and long-term ecosystem development.
“By establishing a regional DLT Foundation in Abu Dhabi Global Market (ADGM), we are creating a stronger platform to support builders, partner with enterprises and institutions, and accelerate the next wave of adoption across the MENA region. ADGM’s progressive regulatory environment gives us the certainty to expand with confidence. This marks an important milestone in our commitment to the region and in empowering institutions and innovators building the future of Web3 on Avalanche.” – Nicolas Lemaitre, Board Director, Avalanche Foundation
Abu Dhabi as a Web3 Hub
Abu Dhabi has quickly become a key center of innovation for digital assets, fintech, and emerging technology companies in the region. Home to global capital and corporate headquarters, with strong government initiatives and international connectivity, it provides a natural base for long-term plans in MENA.
Avalanche Foundation has been engaged in Abu Dhabi in a variety of ways, including Abu Dhabi Finance Week participation, keynotes, demo days and outreach for developers, and regional ecosystem pilots with support from local innovation programs.
