ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline

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ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline

60-second summary

Shipfinex is partnering with ADI Chain to tokenize a $500M vessel pipeline, with plans to bring 35 vessels onchain. This move marks the expansion of tokenization into the multitrillion-dollar maritime industry, offering a new asset class and potential for increased liquidity and efficiency in vessel financing and trading, boosting the crypto market's reach into traditional sectors.

Shipfinex plans to bring 35 vessels onchain through ADI Chain as tokenization expands into the multitrillion-dollar maritime industry.