July 8, 2025
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Dubai Sets Rwa Milestone With First Approval of Tokenized Money Market Fund

The Dubai Financial Services Authority Approved The QCD Money Market Fund Backed by Quatar National Bank and DMZ Finance.”, – WRITE: www.coindesk.com

Dubai Sets Rwa Milestone With First Approval of Tokenized Money Market FundThe Dubai Financial Services Authority Approved The QCD Money Market Fund Backed by Quatar National Bank and DMZ Finance. Jul 8, 2025, 2:00 AM

The Dubai Financial Services Authority (DFSA) GRANTED REGULATORY APPROVAL TO QCD MONEY Market Fund (QCDT), Making IT the FIRST TKENIZED MONEY-MARKET FUNTH. Financial Centre (DIFC), Account to Qatar National Bank (QNBK), While DMZ Finance, The Companies Begind the Fund.

The Fund’s Investment Strategy and Asset Origination Is Led by Qatar National Bank While DMZ Finance Provides of the Technology Underpinning ITS Digital Architecture, The Companies SAIDEES IN AA STATEMES.

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The Regulatory Approval Serves as evidence of Dubai and the Middle East’s Growing Role as a Hub for Compliment Digital Asset Finance, Particularly in the Tokenization Market. According to a joint Report by Ripple and BCG, The Global Market for Tokenized Rwas Is Projected To Surge to $ 18.9 Trillion by 2033, With Jourisdices Like Dubai This transformation.

“As The Middle East Rapidly Emerges As A Global Hub for Financial Innovation, The Successful Deployment of QCDT Further Consolidates qnb’s Leadership in the Regional Financial Ecosial Ecosial Ecos. Vision to Shape The Next Generation of Financial Infrastructure, “Silas Lee, CEO of QNB Singapore, SAID IN THE STATEMENT.

The FUND, LAUNCHED TO BRING TRADDIONAL Assets, Such As US Treasuries, On-Chain, AIIMS to Serve a Broad Spectrum Web3 Payment Infrastructure. With it regulatory compliance, Yield Stability and on -chain Transparency, The Backers Say Saye IT to Catalyze Adoption Across Both Financial and Crypto-Native Institutes.

“Tokenization of Real-World Assets Is No Longer Experimental-IT is Foundational,“ SAID Nathan Ma, CO-FOUNDER AND CAIRMAN OF DMZ FINANCE. “OUR Goal at DMZ is to Provide the Connet Tissue Between Traditional Markets and the Digital Asset Ecosystom, Particularly in Regions Ready for Innovation.”

DMZ FINANCE IS A Singapore-Based Fintech Company Focused on the Tokenization and Custody of Real World Assets

. The QNB Group Was Establized in 1964 as Qatar’s First Qatari-Bank, With 50% Ownership Held by the Qatar Investment Authority.

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Omkar Godbole

Omkar Godbole is a co-managing Editor on Coindesk’s Markets Team Based in Mumbai, Holds A Masters Degree in Finance and A Charted Market Technician (CMT) Member. Omkar Previoously Worked at FxStreet, Writing Research on Currency Markets and As Fundamental Analyst at Currency and Commodities Desk at Mumbai-Based Brokerage Houses. OMKAR HOLDS SMALL AMUNTS OF BITCOIN, Ether, Bittorrent, Tron and Dot.

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