Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
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Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
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TechAfrica News
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++ UAE Moves Toward Scalable Digital Asset Infrastructure with Fasset and ADI Foundation ++ Fasset, a leading global banking and investment platform, has entered a strategic partnership with ADI Foundation (ADI), an Abu Dhabi-based non-profit established by Sirius International Holding, a subsidiary of IHC, the largest listed company in the MENA region. The collaboration aims to support the rollout of blockchain-based financial services through ADI’s newly launched ADI Chain mainnet and its $ADI utility token, unveiled during Abu Dhabi Finance Week. ADI Chain is designed to enable regulated digital asset use cases, including the hosting and settlement of a Dirham-backed stablecoin to be issued by First Abu Dhabi Bank (FAB) and IHC. Under the partnership, Fasset will provide the necessary regulated onboarding, KYC, and on/off-ramp infrastructure, ensuring compliant access to ADI Chain’s blockchain-based services. 🔗 Read the full article: https://lnkd.in/dApBU_Xr #TechAfricaNews #UAE #Fasset #ADIChain #DigitalAssets #Blockchain #DigitalInfrastructure #DirhamStablecoin #Fintech #Innovation #Web3
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