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Dubai approves first tokenized money-market fund by QNB and DMZ Finance in DIFC. QCDT brings U.S. Treasuries on-chain, enabling stablecoin and Web3 financial use cases. UAE’s crypto-friendly stance draws firms amid EU MiCA rules and regional tokenization growth. Dubai’s financial regulator has granted approval to the QCD Money Market Fund (QCDT), the first tokenized money-market fund to be based within the Dubai International Financial Centre (DIFC). The fund, announced on July 4, is a joint venture between Qatar National Bank (QNB) and the blockchain infrastructure firm DMZ Finance. Bringing U.S. Treasuries On-Chain The newly approved QCDT fund is designed to bring conventional, low-risk assets like U.S. Treasuries onto the blockchain. Under the partnership, QNB, one of the region’s largest banks, will manage the investment strategy, while DMZ Finance provides the underlying tokenization technology.  The fund targets several institutional applications such as bank-eligible collateral, stablecoin reserves, Web3 payment infrastructure, and liquidity pools for exchanges. Dubai’s First Tokenized Money Market Fund Receives Official Approval from DFSA, a Partnership Project by QNB and DMZ Finance We are proud to announce that the QCD Money Market Fund (QCDT), a partnership project of @DMZ_Finance with @QNBGroup, as investment manager, has… pic.twitter.com/AYFX0IxIcY — DMZ Finance (@DMZ_Finance) July 8, 2025 DMZ Finance Co-Founder Nathan Ma stated that the product aims to create an infrastructure that “links traditional capital markets to the emerging digital asset economy” within a fully compliant and transparent framework. Strategic Expansion in the DIFC The QCDT fund is the first of its kind to receive approval within the DIFC jurisdiction. It will operate under the oversight of the DFSA, using smart contracts and digital ledgers to simplify asset management functions. The project follows DMZ Finance’s strategic partnership with Qatar National Bank to integrate tokenization technologies into the region’s financial markets. Related: GAP 3 Partners…

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Filed under: News - @ July 8, 2025 11:26 am