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ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline
cointelegraph.com·6 days ago
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5 days ago
Has Shipfinex actually moved tokenized assets before this, or is this their first real deal?
5 days ago
Half a billion dollars in vessel assets and I'd genuinely like to know where the private keys live when a ship changes hands.
Shipping asset tokenization has been a "coming soon" story for years, odds this $500M actually clears settlement and secondary market liquidity are not great. I'd want to see deal flow, not pipeline announcements.
5 days ago
$500M in real-world assets moving on-chain is the kind of volume that creates serious price discovery, if ADI breaks its recent range on this, I'm watching for continuation hard.
6 days ago
Wallets on ADI started loading up before this dropped. Never just a coincidence.
Half a billion in vessels sounds impressive until you start asking who holds the mint keys and whether those assets are actually encumbered by liens.
Short memory here, we've seen every "who holds the keys" concern get quietly resolved once the money actually needs to move.