UAE ADI Foundation, and BlockBooster to develop regulated tokenized financial products
The ADI Foundation (“ADI”), building sovereign-grade blockchain infrastructure that empowers governments and institutions to accelerate the growth of digital economies, Finstreet Limited (“Finstreet”) and BlockBooster have signed a Memorandum of Understanding (“MoU”) to explore a strategic collaboration aimed at accelerating the development and adoption of regulated tokenized products and related ecosystem infrastructure, that include opportunities with UAE Dirham backed stablecoin, institutional grade tokenized assets and ecosystem development.
Under the MoU, the Parties will explore partnership opportunities across three priority areas the UAE Dirham-backed stablecoin, including market development, distribution channels and on-chain adoption initiatives; Institutional-grade tokenized assets, including the exploration of opportunities for sourcing, structuring, tokenization and listing of private credit, private equity and technology-related assets suitable for institutional investors; and Ecosystem development, including potential collaboration on investments, supporting infrastructure, asset onboarding and coordinated go-to-market activities.
BlockBooster, a leading Web3 venture studio and asset manager focused on stablecoins and RWAs, will explore the viability of potential collaboration areas with the ADI Foundation and Finstreet. Any projects arising from the MoU will be operationalized subject to relevant regulatory approvals.
Ajay Bhatia, Principal Council Member of the ADI Foundation, said, “This partnership with BlockBooster brings together market infrastructure and sovereign-grade blockchain rails to move tokenized assets and stablecoin use cases from concept into execution; embedding blockchain as a functional layer of the real financial system.”
Samuel Gu, CEO & Founder of BlockBooster, said, “We see strong potential to work alongside the ADI Foundation and Finstreet to support the development of a compliant and scalable ecosystem for regulated tokenized products. Building on the ADI Foundation’s infrastructure capabilities and Finstreet’s regulated market framework, BlockBooster will focus on supporting asset onboarding, market activation and coordinated go–to–market efforts within the appropriate regulatory frameworks, contributing to Abu Dhabi’s position as a hub for institutional–grade digital asset innovation.”
In 2025, Franklin Templeton, one of the world’s largest asset management companies, Finstreet Limited with its regulated entities, and ADI Foundation, also signed an MOU (Memoranda of Understanding) to support opportunities for digital asset solutions such as tokenized assets and stablecoins under ADGM’s framework.
