Brickken Partners with ADI Foundation for MENA Asset Tokenization

Tokenization infrastructure provider Brickken and the ADI Foundation announced a partnership on April 29 to deploy institutional-grade infrastructure for real-world asset (RWA) tokenization on the ADI Chain. The collaboration aims to provide governments and financial institutions in the Middle East and North Africa (MENA) region with tools for the issuance and lifecycle management of digital financial instruments.

Integration and Infrastructure Details

According to the press release sent to BitPinas, under the agreement, Brickken will integrate its issuance stack with ADI Chain, an institutional Layer-2 blockchain optimized for stablecoins and tokenized assets. The companies stated that the partnership will support the compliant onboarding of assets, including equity, debt, private credit, real estate, and funds.

The infrastructure is designed to facilitate regulated tokenization and controlled secondary distribution. According to a joint statement, the ADI Chain serves as settlement infrastructure for a dirham-backed stablecoin licensed by the UAE Central Bank.

Growth in Tokenized Assets

The partnership follows recent disclosures regarding Brickken’s market reach. In an interview with BitPinas during Consensus Hong Kong 2026, Brickken CEO Edwin Mata reported that the platform has surpassed $450 million in tokenized assets across its ecosystem.

Mata noted a shift in the RWA landscape, observing that while real estate previously dominated, there is increasing demand for the digitization of gold, credit, and bonds. He characterized RWAs as a “necessity” for developing markets, specifically identifying Southeast Asia and the Philippines as primary growth targets due to the need for improved liquidity and financial infrastructure.

Regional Institutional Context

The ADI Foundation noted that the partnership responds to increased institutional activity in the MENA region. Data from Chainalysis cited by the organizations indicated that the UAE received over $56 billion in crypto transactions during the 2024–2025 reporting window.

Andrey Lazorenko, CEO of ADI Foundation, stated that the deployment allows regional institutions to move from interest in tokenized assets to actual issuance. The foundation is a subsidiary of Sirius International Holding, itself a unit of IHC, and aims to bring blockchain infrastructure to emerging markets in the Middle East, Asia, and Africa.

Open Standards and Liquidity

To address industry fragmentation, Brickken’s technical team co-developed EIP-7943, an open standard for tokenization. Mata stated that approximately $41 million in Total Value Locked (TVL) within Brickken’s contracts is currently eligible for secondary market trading. (Read More: Consensus HK Interview: Brickken CEO Edwin Mata on $450M Tokenized Assets and Why RWAs Are a ‘Necessity’)

The company expects to establish partnerships with Over-The-Counter (OTC) desks for RWAs within the next 12 months. Mata noted that while traditional finance institutions are entering the blockchain space, they are prioritizing stable, asset-backed instruments over speculative digital assets.

This article is published on BitPinas: Brickken Partners with ADI Foundation for MENA Asset Tokenization

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