Singapore, Singapore, June 27th, 2025, Chainwire – AB Resort will allocate 5%–10% of its annual net profits to the AB Charity Foundation’s funding pool. AB DAO remains committed to advancing blockchain technology and philanthropic initiatives—reflecting its ongoing strategic priorities.

AB DAO, in partnership with the AB Charity Foundation, today announced the launch of Timor-Leste AB Resort—a national-level innovation resort and the world’s first dedicated to both artificial intelligence (AI) and blockchain. Spanning 300,000 square meters along Timor-Leste’s coastline, the resort integrates technology R&D, leisure, and entertainment. Development will proceed in four phases; Phase One covers 26,000 square meters and is expected to be completed within 18 months.

Once operational, Timor-Leste AB Resort will recruit AI innovation teams, leading blockchain projects, industry-leading media outlets, blockchain research institutions, international conference brands, and scientific advisors from around the globe. The resort will host technology summits, academic seminars, and incubation programs, while also providing an ideal habitat and networking platform for blockchain professionals and digital nomads worldwide.

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Timor-Leste AB Resort benefits from the country’s superior island resources and supportive regulatory environment, securing exclusive stablecoin issuance, digital banking, and digital exchange licenses. Leveraging these licenses, the resort will build a comprehensive on-chain financial ecosystem to ensure secure, seamless digital-asset transactions. Guests will be able to pay and exchange major cryptocurrencies on-site, and AB token holders will enjoy exclusive discounts and priority reservations; detailed benefit packages are currently under development.

Bertie Ahern, Chair of the AB Charity Foundation and former Taoiseach of Ireland, commented:

“Timor-Leste AB Resort will offer the global blockchain community an immersive environment for research, education, and lifestyle. Through the deep integration of philanthropy and technology, we aim to drive sustainable economic and social development in Timor-Leste.”

Boris Tadić, former President of Serbia and AB Chain Compliance Overseer, added:

“This resort will not only showcase blockchain-driven innovation but will also become a global hub for industry collaboration and talent exchange. We look forward to partnering with many stakeholders to make Timor-Leste a model for future blockchain empowerment.”

The resort complex will feature luxury hotels and villas, innovation offices, training centers, conference and exhibition facilities, a yacht club, marine experience zone, and a digital-nomad village. It will open its doors to blockchain enterprises and communities worldwide, with plans to host technology labs, incubators, and industry conferences, accelerating real-world adoption and ecosystem growth.

AB DAO and the Government of Timor-Leste will collaborate closely—supported by on-chain philanthropy and decentralized governance—to upgrade local infrastructure and cultivate talent. As a flagship initiative of the AB Charity Foundation, Timor-Leste AB Resort will inject new energy into blockchain development and set a benchmark for the fusion of blockchain technology and tourism.

About AB

AB is a high-performance, modular, heterogeneous blockchain network. Its native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” concept. AB focuses on driving stablecoin issuance, payment network infrastructure, and decentralized philanthropy—building an open, trusted global value infrastructure.

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