UAE Sirius Holding and Crypto.com partner for tokenized asset listings on the exchange
UAE based Sirius International Holding, a technology investment leader and the digital arm of International Holding Company (IHC), has partnered with Crypto.com to advance blockchain adoption, tokenization infrastructure and real-world asset utility. The partnership also includes Crypto.com exploring an integration with ADI Chain, the blockchain platform launched by ADI Foundation, founded by Sirius Holding.
As per the press release, Crypto.com integration with ADI Chain will support the growth of sovereign-grade digital infrastructure in the UAE and unlock new avenues for tokenization at regional and global scale. Crypto.com will list digital assets connected to Sirius’ ecosystem included tokenized RWAs ( Real World Assets) and stablecoins.
All listings will be subject to Crypto.com’s rigorous listing assessment processes and obtaining relevant regulatory approvals. The collaboration also extends to assessing the use of Crypto.com Pay across Sirius’ portfolio companies. In parallel, both organizations will explore institutional opportunities through Crypto.com Exchange, the world’s leading USD-supporting cryptocurrency exchange by spot market volume.
Eric Anziani, President and Chief Operating Officer of Crypto.com explained that given that Crypto.com has a vision to increase the utility of cryptocurrencies and Sirius International Holdings has an impressive portfolio of companies that share this vision, both will work closely together on this collective pursuit.
Ajay Bhatia, CEO of Sirius International Holding and Principal Council Member at ADI Foundation added that the partnership is a defining step in how the UAE will share the next era of digital finance. He explained, ” By aligning Sirius’ sovereign-grade infrastructure and the ADI Chain with one of the world’s most trusted exchanges, we are creating the rails for global-scale tokenization anchored by the upcoming Dirham-backed stablecoin. This collaboration forms the foundation of a new regional and international digital-asset economy.”
ADI Foundation rocks ADFW with agreements
During the Abu Dhabi Finance Week, ADI Foundation and its recently launched Mainnet was included in many agreements. For example, OKX Ventures, the investment arm of OKX crypto exchange and Finstreet Limited, signed MOU to explore availability of regulated tokenized assets in global markets using ADI Foundation Blockchain capabilities.
Additionally, 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 also signed an MOU (Memoranda of Understanding) to support opportunities for digital asset solutions such as tokenized assets and stablecoins under ADGM’s framework.
