BlackRock partners with Finstreet and ADI Foundation for tokenized markets

BlackRock has signed MoUs at the ongoing Abu Dhabi Finance Week with IHC Group entities – Finstreet Limited and ADI Foundation to explore initiatives on the development of tokenized markets and next-generation financial architecture, aligned with Abu Dhabi’s digital economy ambitions. This includes the development of robust market infrastructure, product commercialization and the broader adoption of blockchain across financial markets.

Finstreet Limited, a digital market infrastructure group, and ADI Foundation, an Abu Dhabi–based sovereign-grade blockchain infrastructure organization, are both group entities of IHC through Sirius International Holding. Together they will explore initiatives aimed at developing capital markets, designing digital asset solutions, expanding digital finance capabilities and leveraging their joint expertise in facilitating access to tokenized investment products.

“This partnership represents a critical step forward in Abu Dhabi’s evolution as a center for digital asset innovation,” said Ajay Bhatia, Principal Council Member at the ADI Foundation. “By aligning our sovereign-grade ADI Chain with BlackRock’s expertise, we aim to jointly enable compliant, scalable digital finance solutions that serve both local and global markets. This collaboration is about unlocking new opportunities and building trust in the future of capital markets.”

Kashif Riaz, Managing Director, Head, Financial Markets Advisory Middle East at BlackRock, commented, “ The global market environment for digital assets innovation is rapidly evolving, and we look forward to contributing our experience to support the long-term growth of digital markets infrastructure in ADGM.”

Sunidhi Pasan, Founder & Group CEO of Finstreet Limited, said, “Our partnership with BlackRock reflects a shared conviction that tokenization is becoming the operating system of global markets. Finstreet’s regulated infrastructure in ADGM, spanning custody, settlement and secondary trading, provides the rails for assets to move faster, safer and with far greater transparency.”