Franklin Templeton, Finstreet and ADI Foundation to develop tokenized assets in ADGM
Franklin Templeton, one of the world’s largest asset management companies, Finstreet Limited with its regulated entities, which constitute an Abu Dhabi-based Financial Market Infrastructure group; designing the next generation of regulated investment rails for global and capital markets, and ADI Foundation, offering blockchain infrastructure solutions signed an MOU (Memoranda of Understanding) to support opportunities for digital asset solutions such as tokenized assets and stablecoins under ADGM’s framework.
The collaboration will involve joint exploration and research across various strategic initiatives aimed at advancing the digital asset ecosystem. This includes working together on market development, educational content, and investigating how innovative digital offerings and infrastructure can operate within the ADGM. The firms will also explore potential applications for tokenized formats and stablecoins, alongside reviewing emerging digital distribution and market access models to foster innovation in digital finance.
Jenny Johnson, CEO for Franklin Templeton, noted that collaboration with Finstreet and ADI DLT Foundation are strategic steps to explore how tokenized assets and digital distribution can unlock efficiencies and opportunities ultimately enhancing the value and accessibility of our investment solutions for a broader investor base.
Ajay Hans Raj Bhatia, Principal Council Member of ADI DLT Foundation, also noted that the collaboration represents a critical step toward bringing real financial products onto open, institutional-grade blockchain rails.
He explained, “We will begin to demonstrate how stablecoins, tokenized assets, and digital market access can operate together within a compliant, scalable environment. Our mandate is to build the underlying infrastructure that allows global institutions to move value with greater transparency, efficiency, and trust and Abu Dhabi is uniquely positioned to lead this next chapter of financial innovation.”
While Sunidhi Pasan, CEO of Finstreet Limited, concluded that partnering with Franklin Templeton, aligns visions which aim transform how assets are created, distributed, settled and traded. He stated, “With ADI’s blockchain network and our regulated ecosystem across custody, markets and trading, we see the potential to combine our strengths in market infrastructure and local expertise to accelerate the adoption of tokenized assets and significantly enhance market access for all participants within this thriving financial hub.”
ADI Foundation launched its Blockchain mainnet this week during ADFW ( Abu Dhabi Finance Week).
