A $2 trillion asset class is getting a new blockchain rail
·2 min read
Compiled by KHAO Editorial
— aggregated from 1 source + 10 references discovered via search.
See llms.txt for citation guidance.
★ Tier-1 Source
The world's commercial ships (the vessels themselves, not the cargo they carry) are worth an estimated $2 trillion in total.
Key facts
Nevertheless, Shipfinex has earmarked around 35 vessels worth about $500 million combined as candidates for tokenization, once the regulatory approval and deal structure are finalized
Earlier this year, IHC used DDSC to process a $30 million transaction on the chain
ADI Chain's job is to turn those deals into blockchain tokens and handle payments using stablecoins (digital tokens pegged 1-to-1 to real currencies like the UAE dirham or the U.S. dollar), so money
Maritime shipping accounts for more than 80% of international trade in goods by volume, according to Tuesday’s announcement, and remains a largely untapped corner of the tokenized real-world asset
Summary
ADI Chain and Shipfinex are partnering to tokenize commercial ships. Shipfinex only holds a preliminary regulatory approval from Dubai's VARA, not a full operating license. This isn't the category's first, rivals Galactica and Ethra Ship already have live maritime tokenization deals. That structure shuts smaller operators and alternative investors out of a significant pool of capital.