Brickken, an institutional tokenisation infrastructure firm, has partnered with ADI Foundation, creator of Layer-2 blockchain ADI Chain, to provide its services to the Middle East and North Africa (MENA) and emerging markets.
The partnership will see Brickken integrate with ADI Chain, making its tokenisation infrastructure for issuance and lifecycle management available in the ADI ecosystem, providing support for compliant asset onboarding, and enabling controlled secondary distribution on ADI Chain.
ADI will be able to offer compliant issuance and management of tokenised financial instruments, including equity, debt, private credit, real estate, and funds, among others, to governments, institutions, and platform participants.
Speaking on the initiative, Andrey Lazorenko, CEO, ADI Foundation, believes that by deploying Brickken’s issuance and lifecycle management capabilities on the ADI Chain, “governments and financial institutions across MENA can now move from interest in tokenised assets to actual issuance”.
Ludovico Rossi, co-founder and chief revenue officer, Brickken, adds: “This partnership forms part of our expansion strategy in the MENA region, aimed at bringing institutional tokenisation infrastructure to a rapidly evolving area eager for growth.”