Dubai-based maritime asset tokenization platform Shipfinex partnered with ADI Chain to tokenize a pipeline of around 35 vessels worth $500 million, as it looks to open new financing channels for shipowners.
According to the company, the vessels will be placed in separate special-purpose vehicles, with the resulting tokens potentially representing vessel-backed credit, charter-linked income or other economic interests in individual ships.
ADI Chain, an Abu Dhabi-based blockchain focused on stablecoins and real-world assets, will provide the distribution and settlement infrastructure. Primary allocations and distributions are expected to use UAE dirham-, US dollar- and other currency-denominated stablecoins.
The planned tokenization represents a small share of the broader shipping market. The world fleet and orderbook were valued at about $2.1 trillion at the start of 2026, according to Clarksons Research data.
The partnership is still…
