Mirae Asset and Ctrl Alt Forge Fund Tokenization Frontier in UAE’s Crypto Sandbox

Wall Street meets Web3 in the desert. A heavyweight asset manager and a blockchain infrastructure builder are teaming up to crack the code on tokenized funds.

The New Architecture of Ownership

Forget paper certificates and sluggish settlement. Tokenization slashes through legacy finance's red tape—converting fund shares into digital assets on a blockchain. It promises instant transfers, 24/7 markets, and fractional ownership that opens doors for smaller investors. The traditional fund model, with its layers of intermediaries taking their cut, suddenly looks like a relic.

Why the UAE? Follow the Regulatory Sand

The partnership isn't planting its flag just anywhere. The UAE has aggressively positioned itself as a digital assets hub, crafting clearer regulatory frameworks than many Western counterparts. For institutions dipping a toe into crypto waters, that regulatory certainty is more valuable than any speculative token pump. It's where compliance meets innovation, bypassing the regulatory fog still hanging over other major markets.

The Institutional On-Ramp Gets Paved

This isn't a moonshot experiment. It's a calculated move to build the plumbing for mainstream capital. By tokenizing traditional financial instruments, they create a familiar bridge for institutional money to flow onto blockchain rails. Watch for other giants to follow—once the blueprint is proven, the herd mentality of finance kicks in, albeit at a glacial pace compared to crypto-native speed.

The race isn't to create the next meme coin; it's to rebuild the foundation of finance itself, one tokenized asset at a time. And if it shaves a few basis points off the bloated fees of the old guard? Well, that's just a happy side effect for everyone except the middlemen.

Ctrl Alt has already landed UAE governmental clients

In May 2025, UK, Ireland, and UAE-based Ctrl Alt became the tokenization partner for the Dubai Land Department (DLD) with a strategy to tokenize real estate using the XRP Ledger Blockchain. The initiative was carried out alongside VARA (Dubai’s Virtual Assets Regulatory Authority), the Dubai Future Foundation, and PRYPCO. The partners started to tokenize real estate to develop the future of property investment in Dubai through fractional ownership.

The initiative is projected to contribute to the growth of an AED 60 billion ($16 billion) tokenized real estate market by 2033, equivalent to 7% of Dubai’s total property transactions.

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