{"id":35626,"date":"2025-07-08T02:16:59","date_gmt":"2025-07-08T02:16:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35626"},"modified":"2025-07-08T02:16:59","modified_gmt":"2025-07-08T02:16:59","slug":"dubai-sets-rwa-milestone-with-first-approval-of-tokenized-money-market-fund","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35626","title":{"rendered":"Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund"},"content":{"rendered":"
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The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund<\/a> with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund.<\/p>\n

The fund’s investment strategy and asset origination is led by Qatar National Bank while DMZ Finance provides the technology underpinning its digital architecture, the companies said in a statement shared with CoinDesk.<\/p>\n

The regulatory approval serves as evidence of Dubai and the Middle East’s growing role as a hub for compliant 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 jurisdictions like Dubai and Doha emerging as early leaders of this transformation.<\/p>\n

“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 ecosystem and reflects our long-term vision to shape the next generation of financial infrastructure,” Silas Lee, CEO of QNB Singapore, said in the statement.<\/p>\n

The fund, launched to bring traditional assets, such as U.S. Treasuries, on-chain, aims to serve a broad spectrum of institutional applications, including bank-eligible collateral, stablecoin backing, exchange reserves and Web3 payment infrastructure. With its regulatory compliance, yield stability and on-chain transparency, the backers say they expect it to catalyze adoption across both financial and crypto-native institutions.<\/p>\n

\u201cTokenization of real-world assets is no longer experimental \u2014 it is foundational,” said Nathan Ma, co-founder and chairman of DMZ Finance. “Our goal at DMZ is to provide the connective tissue between traditional markets and the digital asset ecosystem, particularly in regions ready for innovation.\u201d<\/p>\n

DMZ Finance is a Singapore-based fintech company focused on the tokenization and custody of real world assets (RWA). The QNB Group was established in 1964 as Qatar\u2019s first Qatari-owned commercial bank, with 50% ownership held by the Qatar Investment Authority.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund. The fund’s investment strategy and asset origination is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35626","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35626"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35626\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}