Hanwha Finance, and ADIO in UAE to advance digital assets and tokenization

South Korean Hanwha Finance is expanding its cooperation with Abu Dhabi’s financial ecosystem, by signing partnerships with Abu Dhabi Investment Office (ADIO), and ADGM to establish a digital asset ecosystem, strengthening connections between the financial and capital markets of Korea and Abu Dhabi, and advancing digital banking and financial innovation as well as explore potential business opportunities in digital assets, including the tokenization of real-world assets (RWA).

Hanwha Life, Hanwha General Insurance, Hanwha Investment & Securities and Hanwha Asset Management (Hanwha Finance) announced expanded cooperation with Abu Dhabi’s financial ecosystem.

The event was attended by Hyek Woong Kwon, Vice Chairman and CEO of Hanwha Life; Dong Wook (Don) Kim, Chief Global Business Officer (CGBO) of Hanwha Life; Dongjun Im, CEO of Hanwha Asset Management; Seungpill Baik, Head of Digital Innovation at Hanwha Asset Management; H.E. Shamis Ali Al Dhaheri, Chairman of Department of Community Development & Second Vice Chairman of Abu Dhabi Chamber; H.E. Badr Al-Olama, Director General of the Abu Dhabi Investment Office; and Fatima Al Hammadi, Head of the Fintech, Insurance, Digital and Alternative Investments (FIDA) Cluster at ADIO.

“The Republic of Korea is an important partner for Abu Dhabi, with strong capabilities across financial services, technology, and innovation,” Fatima Al Hammadi, Head of the FIDA Cluster at ADIO said. “Through our partnership with Hanwha we look forward to exploring opportunities across digital finance, digital assets, and financial innovation, while strengthening connections between Abu Dhabi’s financial ecosystem and key international markets,” she added.

Hanwha Life signed a partnership with ADIO to strengthen cooperation in digital finance. Through this partnership, both parties will work together across three key areas: establishing a digital asset ecosystem, strengthening connections between the financial and capital markets of Korea and Abu Dhabi, and advancing digital banking and financial innovation. In particular, they plan to explore potential business opportunities in digital assets, including the tokenization of real-world assets (RWA).

Hanwha Asset Management, ADGM, and Hana Financial Group also signed a memorandum of understanding (MoU) to explore cooperation on stablecoins and cross-border financial infrastructure. The parties will explore opportunities across digital asset and payment infrastructure, including cross-border payment and remittance solutions between Korea and Abu Dhabi, while supporting the development of a sustainable and interoperable digital asset ecosystem.

Hanwha Finance has also partnered with ADGM for Abu Dhabi Finance Week (ADFW) 2026, taking place in the UAE capital in December.

H.E. Rashed Al Blooshi, CEO of the Registration Authority at ADGM, added “The growing economic relationship between the UAE and the Republic of Korea creates significant opportunities for Korean companies and investors looking to establish and expand their presence in Abu Dhabi and across the region.

Hyek Woong Kwon, Vice Chairman and CEO of Hanwha Life under Hanwha Finance, said, “Through this agreement, we will turn our cooperation with Abu Dhabi’s financial ecosystem into tangible business opportunities. Building on this partnership, we will further strengthen Hanwha Life’s foundations for growth as a leading global financial institution.”

Dongjun Im, CEO of Hanwha Asset Management under Hanwha Finance, also commented that they willn be building a stable and interoperable digital asset ecosystem.