Abu Dhabi-based network launches mainnet using $ADI token, with over 50 projects in the deployment pipeline and infrastructure ready to host dirham-backed stablecoin
Today, the ADI Foundation announced the mainnet launch of ADI Chain, the first institutional L2 blockchain for stablecoins and real-world assets in the MENA region. The $ADI token will be launched simultaneously on Kraken, Crypto.com, KuCoin, and soon on eToro. The token will also be available through Telegram’s Wallet, allowing users to manage $ADI directly within the Telegram app, as well as Fasset, a global banking and investment platform.
After months of development and institutional partnerships, the infrastructure built to solve blockchain adoption in emerging markets is becoming a reality.
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Why governments need different infrastructure
The ADI Foundation has a clear mission to get 1 billion people on blockchain by 2030. Achieving goals of this scale will require governments to actively participate in blockchain adoption. But the world’s fastest-growing economies, spanning the Middle East, Asia and Africa, operate under fundamentally different constraints. The country’s payment system relies on a centralized infrastructure. Currency regulations require governments to monitor cross-border capital flows. Monetary policy depends on jurisdictional control over trading networks.
ADI Chain has emerged as a purpose-built infrastructure that meets exactly these requirements.
This L2 network will enable governments and institutions to deploy blockchain-based innovations such as stablecoins, cross-border payments, tokenized real-world assets, digital payments, and secure health data. Governments and agencies can now build compliant and regulated L3 chains that align with local laws and requirements.
The $ADI token is the native gas token for all transactions on the ADI chain and its associated L3 domains, and serves as the settlement currency within the ecosystem, facilitating value exchange between enterprises, developers, validators, and users across Web3 native and enterprise-grade use cases. Token holders can also stake $ADI in a Treasury-backed pool as part of the network’s governance and utility functions.
Build a network of over 50 businesses
ADI Chain was chosen to host the UAE dirham-backed stablecoin. The stablecoin will be issued by two major companies in the region, First Abu Dhabi Bank and IHC, and will be regulated by the UAE Central Bank.
ADI has partnered with ADREC to accelerate blockchain adoption in Abu Dhabi’s real estate sector through tokenized ownership and a secure digital registry. ADI Foundation also signed a memorandum of understanding with Emirates Driving Company to pilot blockchain solutions for the UAE’s driver education sector, including secure digital records, automated workflows and stablecoin payments.
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Key technology partners include ZKsync, which enhances ADI Chain’s scalability and security through zero-knowledge proofs, making ADI the first public blockchain built on ZKsync’s Airbender stack. Alchemy provides the infrastructure for nation-wide deployments, WalletConnect powers wallet-to-dApp connectivity, and Covalent provides real-time blockchain data for institutional applications.
Founded by Sirius International Holding, the digital arm of IHC, MENA’s largest publicly traded holding company, the ADI Foundation is furthering its mission to bring 1 billion people to blockchain by 2030, expanding partnerships to 20 countries and supporting institutional adoption in the MENA region and beyond.
ADI Chain is a compliant, scalable infrastructure layer built by the ADI Foundation to realize this vision. The L2 network has launched with partnerships across 20 countries, with over 50 projects in the pipeline for deployment.
next milestone
Mainnet marks the transition from testing to deployment. Governments, institutions, and developers can now deploy applications for payments, digital identity, and economic connectivity. A dirham-backed stablecoin (DDSC) has been launched on the ADI chain, demonstrating how a regulated stablecoin operates within a country’s legal framework.
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In January, the ADI Foundation will participate in the World Economic Forum in Davos as part of IHC House to showcase how ADI Chain supports national infrastructures in payments, digital identity and governance. In February, the Foundation will work with developers at ETHDenver to explore Web3 opportunities and showcase sovereign infrastructure capabilities.
The ‘Future Tech 4.0’ education platform will be launched in parallel with ADGM and leading universities to train over 10,000 Web3 specialists in Abu Dhabi.
We are starting to realize different ideas of blockchain. With a live mainnet, the launch of the $ADI token, and partnerships across more than 20 countries, the ADI Foundation can now enable governments and institutions across emerging markets to deliver on its core mission of bringing 1 billion people on-chain by 2030.
That’s not true.
About ADI Foundation and ADI Chain
The ADI Foundation is an Abu Dhabi-based non-profit organization founded by Sirius International Holding, a subsidiary of IHC, dedicated to empowering governments and institutions in emerging markets through blockchain infrastructure. The Foundation’s mission is to build on the more than 500 million people already within its ecosystem and bring 1 billion people into the digital economy by 2030.
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ADI Chain is the first institutional layer 2 blockchain for stablecoins and real-world assets in the MENA region, providing payment infrastructure for First Abu Dhabi Bank and IHC’s dirham-backed stablecoin, which will be regulated by the UAE Central Bank. The network operates on three pillars: compliance, efficiency, and security, serving governments deploying blockchain infrastructure across the Middle East, Asia, and Africa.
The ADI Chain and ADI Token are developed by the ADI DLT Foundation (“ADI”), a technology foundation. This content is for informational purposes only and does not constitute investment, legal, or tax advice or an offer to buy or sell any digital assets. All features, token utilities, timelines, and launch details are subject to change without notice. There are no guarantees as to future performance or value of Tokens. Investing funds involves risk.
For more information, please visit our official website, LinkedIn, and X.
Disclaimer:
The ADI Chain and ADI Token are developed by the ADI DLT Foundation (“ADI”), a technology foundation.
This content is for informational purposes only and does not constitute investment, legal, or tax advice, or an offer to buy or sell any digital assets.
All features, token utilities, timelines, and launch details are subject to change without notice. There are no guarantees as to future performance or value of Tokens.
Investing funds involves risk.
