According to the applicants, the structure will focus its efforts on the digitization of traditional financial instruments, including US government bonds. At the same time, the fund is going to invest in stablecoins and promote the creation of a technological platform for safe and fast transactions.
The financial strategy of the fund is supervised by Qatar National Bank, which will be responsible for asset allocation and investment risk assessment. DMZ Finance is responsible for the technical part of the project, including the development and support of the digital architecture. This scheme will combine the experience of the banking sector and fintech to promote new approaches in the field of tokenized real assets.
The founders of the fund emphasize that the approval received from the local regulator DSFA is an important step in positioning Dubai as one of the world's key centers of digital finance. This decision also confirms the emirate's desire to actively implement tokenization tools and expand opportunities for attracting investors.
It is worth noting that Dubai continues to strengthen its status as a jurisdiction with clear rules for digital assets. Recently, the Bitpanda platform from Austria became the first European crypto exchange to receive a full broker-dealer license from the Dubai Virtual Assets Regulatory Authority (VARA). This allows the company to operate in the UAE under full regulation, which increases customer confidence and opens up new prospects for the industry.
Thus, the initiative to launch a tokenized asset fund fits into Dubai's overall strategy for developing advanced financial services. The development of the tokenization of government bonds and stablecoins can not only attract new investors, but also contribute to the formation of a flexible and reliable infrastructure for global settlements.
Experts believe that such projects stimulate the development of the real tokenized asset (RWA) market and create the basis for the integration of blockchain technologies with traditional instruments. Dubai, in turn, continues to demonstrate its readiness for new financial models and strengthens its position as an innovative hub for fintech companies and investors from around the world.