ADI Foundation announced a technical partnership with DCM to make tokenized deposits more practical for financial institutions across MENA and Sub-Saharan Africa.
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Publisher name
Public post
Banks shouldn’t need to rebuild their core systems to adopt blockchain infrastructure. Today, we’re announcing a technical partnership with DCM to make tokenized deposit…
Company
ADI Foundation
- Industry
- Non-profit Organizations
- Company size
- 11–50 employees
About ADI Foundation
The ADI Foundation is an Abu Dhabi–based organization dedicated to empowering governments and institutions in emerging markets through blockchain infrastructure to accelerate the growth of digital economies. The ADI Foundation was founded by Sirius International Holding, the technology-focused subsidiary of one of the largest investment companies in the world, IHC. The Foundation is catalyzing large-scale social and economic inclusion through its mission to bring 1 billion people globally into the digital economy by 2030, building on a strong foundation of 500+ million people already within its project ecosystem. The Foundation designed ADI Chain, the first institutional Layer 2 blockchain for stablecoins and real-world assets in the MENA region, and is building a growing portfolio of use cases, including hosting the UAE dirham-backed stablecoin, DDSC. Headquartered in Abu Dhabi’s ADGM, the world’s first jurisdiction with a bespoke digital asset framework, the ADI Foundation contributes to the region’s growth as a global digital asset hub.
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Latest activity from ADI Foundation
6 signals
Presence & Recognition
ADI Foundation's Mohammad Rajab, Chief Marketing Officer, Ramana Kumar A, President of Stablecoin Ecosystem, and James S., Chief Strategy Officer will be attending the Money20/20 Middle East event from September 14 to 16 to discuss regulated stablecoins, local-currency settlement, and public blockchain infrastructure.
People
ADI Foundation appointed James S. as Chief Strategy Officer, focusing on digital assets, stablecoins, institutional blockchain adoption, and ecosystem development.
Presence & Recognition
ADI Foundation President Ramana Kumar A will join Jo Yeo, Head of the Payments Development and Data Connectivity Office, Monetary Authority of Singapore (MAS), Manasi Pandey, Managing Director & Country Head, Global Payments Solutions, India, HSBC, and Ritesh. Pai, CEO and Executive Director, International Payments, PhonePe in Mumbai on September 11.
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