ADI Foundation and Brickken partner to offer tokenized assets

Brickken, an institutional tokenization infrastructure firm, and UAE based ADI Foundation, creator of Layer-2 blockchain ADI Chain, have partnered to integrate Brickken with ADI Chain, to offer its tokenization infrastructure for issuance and lifecycle management available in the ADI ecosystem, providing support for compliant asset onboarding, and enabling controlled secondary distribution on ADI Chain.

As per the announcement, ADI will be able to offer compliant issuance and management of tokenized financial instruments, including equity, debt, private credit, real estate, and funds, among others, to governments, institutions, and platform participants.

Speaking on the initiative, Andrey Lazorenko, CEO, ADI Foundation, believes that by deploying Brickken’s issuance and lifecycle management capabilities on the ADI Chain, “governments and financial institutions across MENA can now move from interest in tokenised assets to actual issuance”.

Ludovico Rossi, co-founder and chief revenue officer, Brickken, adds: “This partnership forms part of our expansion strategy in the MENA region, aimed at bringing institutional tokenisation infrastructure to a rapidly evolving area eager for growth.”