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Fasset will provide regulated onboarding, KYC and on‑/off‑ramp services for ADI Foundation’s Dirham‑backed stablecoin infrastructure in Abu Dhabi.
On 24 December 2025 in Abu Dhabi, United Arab Emirates, Fasset announced a strategic partnership with ADI Foundation, the Abu Dhabi‑based non‑profit founded by Sirius International Holding (a subsidiary of IHC). The agreement gives Fasset responsibility for compliant onboarding, KYC and on‑/off‑ramp infrastructure to support the ADI Chain mainnet and the upcoming Dirham‑backed stablecoin issued by First Abu Dhabi Bank and IHC.
The collaboration aims to accelerate institutional blockchain adoption across the UAE and the broader MENA region, leveraging Fasset’s $26.7 million of funding and regulatory approvals in multiple jurisdictions. “This partnership reflects the shift from testing to real‑world deployment of digital asset infrastructure,” said Daniel Ahmed, COO and Co‑Founder of Fasset.
Read More: Fasset Receives Malaysian Approval to Operate Stablecoin-Powered Islamic Digital Bank
🧭 FAQs
• What services will Fasset provide in the partnership? Regulated onboarding, KYC and on‑/off‑ramp infrastructure for the Dirham‑backed stablecoin.
• When does the partnership become effective? It is effective as of the announcement date, 24 December 2025.
• Which geographic region will benefit most? The United Arab Emirates and the wider MENA region.
• What is the funding background of Fasset? Fasset has raised $26.7 million in financing to support its global operations.