Blackstone Inc. (NYSE: BX) announced it invested $250 million in Advanced Digital Gaming Technology, a payments and data intelligence platform based in Abu Dhabi.

ADGT was established through a partnership between Blackstone, Abu Dhabi-based Raya Holding, and technology partners NRT Technology and Sightline Payments. The platform focuses on serving regulated digital markets globally, with initial deployments planned across the UAE, Middle East, Africa, and select international markets.

The company operates as a payments and compliance technology provider to the UAE's commercial gaming market. ADGT holds the only license in the UAE that allows direct contracting with both land-based venues and online digital platforms, according to the company.

"ADGT was created in the UAE from the ground up to serve as a new global standard for financial payments technology," said Michael Dominelli, CEO of ADGT. The platform integrates digital wallets, real-time funding systems, identity management, and compliance monitoring within a single infrastructure.

Jon Gray, President and Chief Operating Officer of Blackstone, said the firm sees opportunity to deploy capital in the UAE to build companies that can grow domestically and internationally. Blackstone has maintained a presence in the UAE since 2010, with previous investments including logistics platform GLIDE and real estate marketplace Property Finder.

The platform supports national-scale deployments, cross-border interoperability, and regulatory compliance frameworks for both physical and digital transactions. ADGT plans to establish operations across multiple jurisdictions while maintaining its headquarters in Abu Dhabi.