Fasset has announced a strategic partnership with the ADI Foundation to support the rollout of regulated digital asset infrastructure in the UAE. The collaboration focuses on enabling compliant access to blockchain-based financial services built on ADI Chain, an institutional Layer 2 blockchain launched by ADI Foundation to support regulated digital assets, including a Dirham-backed stablecoin planned by First Abu Dhabi Bank and IHC.
Under the agreement, Fasset will provide regulated onboarding, know-your-customer (KYC), and fiat on- and off-ramp infrastructure, allowing institutions and users to access ADI Chain services in a secure and compliant manner. The infrastructure will support real-world use cases across the wider IHC ecosystem, accelerating institutional adoption of blockchain-based payments and settlements.
Daniel Ahmed, COO and Co-Founder of Fasset, said the partnership marks a transition from experimentation to real-world deployment of digital asset infrastructure, emphasizing secure and regulator-aligned adoption. Ajay Bhatia, Principal Council Member of ADI Foundation, highlighted the importance of compliance, secure access, and fiat connectivity in unlocking institutional participation in the digital asset economy.
As part of the phased rollout, users will be able to purchase the ADI utility token directly in UAE Dirhams on the Fasset platform, subject to technical readiness and regulatory approvals. The initiative aligns with the UAE’s broader strategy to build scalable, regulated digital finance infrastructure and strengthen its position as a global hub for blockchain innovation.
