Shipfinex, in partnership with ADI Chain, plans to monetize $500 million of ship assets

Shipfinex announced that, in cooperation with ADI Chain, some 35 ships had been monetized with a total asset value of approximately $500 million. The structure is designed to provide shipowners with access to block-based finance and investment. Each ship will be managed in a separate special purpose vehicle (SPV), thereby creating a legal structure that enables the token to represent the economic interests associated with individual ships. The plan is still in the pilot and operational readiness stages and no tokens have yet been publicly released。