The ADI Foundation (“ADI”), Finstreet Limited (“Finstreet”), and BlockBooster have announced the signing of a Memorandum of Understanding (MoU) to explore a strategic collaboration focused on accelerating the development and adoption of regulated tokenized products and the supporting ecosystem infrastructure.

Under the MoU, the parties will assess partnership opportunities across three key priority areas. The first is the exploration of a UAE Dirham-backed stablecoin, including market development, distribution channels, and on-chain adoption initiatives. The second area centers on institutional-grade tokenized assets, with a focus on identifying opportunities for sourcing, structuring, tokenization, and listing of assets such as private credit, private equity, and technology-related investments suitable for institutional investors. The third pillar involves ecosystem development, covering potential collaboration on investments, infrastructure support, asset onboarding, and coordinated go-to-market activities.

BlockBooster, a leading Web3 venture studio and asset manager specializing in stablecoins and real-world assets (RWAs), will work with the ADI Foundation and Finstreet to evaluate the feasibility of these collaboration areas. Any initiatives emerging from the MoU will be implemented subject to applicable regulatory approvals.

Ajay Bhatia, Principal Council Member of the ADI Foundation, emphasized the importance of regulated innovation in digital finance. “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,” he said.

Samuel Gu, CEO and Founder of BlockBooster, highlighted the strategic value of the collaboration. “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 the ADI Foundation’s infrastructure capabilities and Finstreet’s regulated market framework, BlockBooster will focus on asset onboarding, market activation, and coordinated go-to-market efforts within appropriate regulatory frameworks, contributing to Abu Dhabi’s position as a hub for institutional-grade digital asset innovation,” he said.

Through this collaboration, the three organizations aim to strengthen the foundations for regulated digital assets, supporting the growth of a trusted, compliant, and institutionally focused tokenization ecosystem.