ADI Foundation, Finstreet, and BlockBooster Sign MoU to Boost Regulated Tokenized Assets
The partnership is designed to strengthen Abu Dhabi’s position as a hub for institutional-grade digital asset innovation, leveraging blockchain technology for regulated financial products.
The ADI Foundation (ADI), 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 supporting ecosystem infrastructure. The partnership is designed to strengthen Abu Dhabi’s position as a hub for institutional-grade digital asset innovation, leveraging blockchain technology for regulated financial products.
Under the MoU, the parties will focus on three priority areas. The first is the development of UAE Dirham-backed stablecoins, including market development, distribution channels, and initiatives to drive on-chain adoption. The second area is institutional-grade tokenized assets, which involves sourcing, structuring, tokenization, and listing of private credit, private equity, and technology-related assets suitable for institutional investors. The third focus area is ecosystem development, covering investment collaboration, infrastructure support, asset onboarding, and coordinated go-to-market activities.
BlockBooster, a Web3 venture studio and asset manager specializing in stablecoins and real-world assets (RWAs), will explore collaboration opportunities with ADI Foundation and Finstreet. All initiatives arising from the MoU will be implemented subject to applicable regulatory approvals, ensuring compliance and secure adoption within Abu Dhabi’s financial ecosystem.
“The future of digital finance will not be built on speculation, but on trust, regulated access, and real utility. 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.”
– Ajay Bhatia, Principal Council Member, ADI Foundation
“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 ADI’s infrastructure capabilities and Finstreet’s regulated market framework, BlockBooster will focus on asset onboarding, market activation, and coordinated go-to-market efforts, contributing to Abu Dhabi’s position as a hub for institutional-grade digital asset innovation.”
– Samuel Gu, CEO and Founder, BlockBooster
The MoU reflects a strategic effort to build a transparent, regulated, and scalable digital asset ecosystem, enabling the adoption of tokenized financial products and stablecoins, while aligning with Abu Dhabi’s broader vision for advancing digital finance.
