Qatar National Bank (QNB), Standard Chartered, and DMZ Finance have launched the QCD Money Market Fund (QCDT), the first tokenized money market fund in Dubai's DIFC, on September 16, 2025. This initiative aims to set a benchmark for the tokenization of real-world assets in the Middle East.
QNB, the largest bank in the Middle East and Africa, manages the fund, while DMZ Finance provides the tokenization infrastructure. Standard Chartered serves as the custodian, ensuring regulatory compliance and security. The fund is expected to enhance asset accessibility and liquidity, with potential use as collateral on major exchanges.
QNB, Standard Chartered, DMZ Finance Launch Tokenized Fund in Dubai
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