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Dubai Makes History: QNB and DMZ Finance Launch First Tokenized Money Market Fund
Dubai Makes History: QNB and DMZ Finance Launch First Tokenized Money Market Fund
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Dubai just rewrote the rulebook—again. The emirate greenlit the world's first tokenized money market fund, backed by banking heavyweight QNB and blockchain specialists DMZ Finance. Move over, Wall Street.
Why this matters
Tokenization isn't just for meme coins anymore. By digitizing traditional securities, Dubai's cutting out middlemen—and their juicy fees—while giving investors 24/7 access to previously illiquid assets. The institutional floodgates are creaking open.
The cynical take
Let's see how long before traditional fund managers start calling this 'dangerous innovation' while quietly filing their own tokenization patents. Old money loves new tricks—when they're the ones holding the leash.
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