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Dubai’s DFSA Approves First Regulated Tokenized Money Market Fund in Partnership with QNB and DMZ Finance

Dubai’s DFSA Approves First Regulated Tokenized Money Market Fund in Partnership with QNB and DMZ Finance

Published:
2025-07-08 13:59:02
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BTCCSquare news:

Dubai's Financial Services Authority (DFSA) has greenlit the region's first regulated tokenized money market fund, a collaborative effort between Qatar National Bank (QNB) as investment manager and DMZ Finance as tokenization infrastructure provider. The QCD Money Market Fund (QCDT) will invest in low-risk, short-term debt instruments like Treasury bills and commercial paper.

This approval signals a watershed moment for real-world asset (RWA) tokenization in the Middle East, bridging traditional and decentralized finance. Ripple and BCG project the tokenized RWA market could reach $18.9 trillion by 2033. QNB Singapore CEO Silas Lee called the fund a cornerstone of the bank's digital asset strategy.

|Square

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