Push to tokenize 35 commercial vessels and $500 million… expanding use of institutional blockchain

ADI Foundation is tokenizing 35 commercial vessels worth roughly $500 million on its institutional-focused ADI Chain in partnership with Shipfinex, which will originate and structure the assets while ADI handles blockchain-based distribution and settlement. CEO Andrey Lazorenko said institutions are moving to ADI Chain because it is designed to fit their existing operating models, positioning the combination of stablecoin payments and real-world asset tokenization as infrastructure for finance's shift on-chain. The deal matters as one of the larger vessel-backed RWA efforts, extending tokenization beyond treasuries and credit into hard shipping assets. Next, watch for the phased rollout of the 35 vessels, the stablecoin rails used for settlement, and whether institutional demand follows the chain's thesis.