Brickken teams up with ADI Foundation for MENA RWA tokenization

Brickken and the ADI Foundation announced a partnership (Apr. 29) to deploy institutional-grade infrastructure for MENA asset tokenization on ADI Chain. The goal is to help governments and financial institutions issue and manage regulated digital financial instruments across equity, debt, private credit, real estate, and funds. Under the deal, Brickken will integrate its token issuance stack with ADI Chain, described as an institutional Layer-2 blockchain optimized for stablecoins and tokenized assets. ADI Chain is positioned as settlement infrastructure for a UAE Central Bank-licensed dirham-backed stablecoin, aiming to support compliant onboarding of assets and controlled secondary distribution. Brickken also shared scale metrics: its tokenization ecosystem has surpassed $450M in tokenized assets, and the company says demand is broadening beyond real estate toward gold digitization, credit, and bonds—framing RWAs as a “necessity” for developing markets such as Southeast Asia and the Philippines. On standards and liquidity, Brickken co-developed EIP-7943, an open tokenization standard. The firms report about $41M TVL in Brickken contracts is eligible for secondary market trading, and they expect partnerships with OTC desks for RWAs within 12 months. For traders, this is mainly a constructive signal for regulated RWA rails in MENA (MENA RWA tokenization), but it is not a direct spot-crypto catalyst. Still, clearer compliance infrastructure and potential liquidity expansion can support longer-term sentiment toward tokenized assets and stablecoin-centric ecosystems.