Shipfinex taps ADI Chain to tokenize $500M vessel portfolio
Shipfinex taps ADI Chain to tokenize $500M vessel portfolio
Shipfinex has partnered with ADI Chain to tokenize about 35 vessels valued at roughly $500 million through separate special purpose vehicles.The planned tokens could represent vessel backed credit, charter linked income or other economic interests, with ADI Chain providing distribution and settlement infrastructure.Stablecoins denominated in UAE dirhams, U.S. dollars and other currencies are expected to support primary allocations and distributions.The project remains in the pilot and operational readiness stage, with no Maritime Asset Tokens publicly issued and the regulated issuance route still being finalized.Tokenized real world assets totaled about $38.1 billion as of Aug. 9, while Standard Chartered expects the market to reach $4 trillion by the end of 2028.