Abu Dhabi, UAE – Abu Dhabi’s drive to be a global tech leader took another leap forward today as Changer, a secure digital asset custodian and Bitgrit, a global startup working to democratize AI, signed a landmark partnership. This partnership is set to dramatically advance the Distributed Ledger Technology (DLT) Foundation ecosystem in Abu Dhabi Global Market (ADGM), demonstrating how partnerships between regulated entities within a progressive jurisdiction can unlock new frontiers for “AI-on-chain” technology.
Changer, known for its ultra-secure custody platform for managing digital money and assets, will join forces with Bitgrit, which leverages its global network of over 40,000 AI developers to enable companies to crowdsource and license innovative AI solutions. Together, they aim to power a decentralized AI economy where developers, enterprises, and institutions can securely build, monetise, and trade AI models on the blockchain, right here in Abu Dhabi.
Wang Hao, CEO of Changer, stated: “This is a pivotal moment. Changer is dedicated to supporting ADGM’s DLT Foundation – the world’s first comprehensive framework for blockchain foundations, DAOs, and Web3 entities. We provide secure, regulated digital asset custody and a seamless infrastructure for tokenized ecosystems. With Bitgrit, we are forging new standards for transparency, efficiency, and global cooperation in the digital age.”
The partnership will initially see Changer provide custody services for Bitgrit’s native BGR tokens. It will then expand to secure AI models and datasets tokenized on Bitgrit’s BGR Network. This capability is crucial for creating smooth and secure interactions between traditional finance, cryptocurrency, and the burgeoning AI economy, boosting security, transparency, and worldwide appeal.
Kazuya Saginawa, CEO of Bitgrit, underscored the partnership’s strategic vision: “Teaming up with Changer is a game-changer for Bitgrit. Their trusted custody solutions allow us to confidently scale our decentralized AI ecosystem and position Bitgrit as a pioneer in the AI-on-chain revolution. This alliance solidifies our mission to securely bring advanced AI onto the blockchain, which will create immense value for developers, businesses, and investors across the globe.”
The CEOs of both Bitgrit and Changer signed the Memorandum of Understanding at the ADGM Academy in front of an influential audience of over 50 industry leaders, including notable figures like Manabu Hosonuma, the Consul of Japan in Dubai, and Dmitry Fedetov, the Head of DLT Foundations at ADGM.
Dmitry Fedetov commented on Linkedin: “Witnessing the MoU signing between Changer.ae and Bitgrit DLT Foundation was an absolute pleasure! At ADGM, we champion synergies between ecosystem participants to drive meaningful innovation. Partnerships like this powerfully demonstrate how cooperation can shape the future of decentralized technologies, AI integration, and sustainable digital transformation. We wish both teams immense success on this exciting venture.”
The event also served as an official announcement for the launch of the BGR Network by Bitgrit’s COO Saksham Kukreja. The BGR Network is a purpose-built blockchain ecosystem for AI applications. It allows AI models and datasets to be securely tokenized, owned, and traded on-chain, offering unprecedented transparency, ownership, and monetization avenues for AI creators and enterprises. Its ability to connect with other established blockchain systems makes it a pioneering infrastructure for the next wave of AI development.
Saksham Kukreja added, “Our collaboration with Changer is fundamental to establishing a trusted, secure, and regulatory-compliant AI economy on the blockchain. This is not only a major achievement for Bitgrit but also a compelling example for the global Web3 community of how regulated partnerships in progressive jurisdictions like ADGM can catalyze sustainable and truly impactful innovation.”
The cooperation between these two regulated firms within ADGM underscores how supportive regulatory environments can powerfully drive innovation, further cementing Abu Dhabi’s position as a global leader in the advancement of blockchain and artificial intelligence.
