based on materials from the site - By AICryptocore.com
This fund, which has become a key step for the Middle East, integrates U.S. Treasury bonds into digital markets, attracting international investors.
The National Bank of Qatar and DMZ Finance have launched the QCD Money Market Fund (QCDT) – the first tokenized financial product from Dubai. The aim of the fund is to combine traditional finance with digital assets while obtaining approval from the regulatory authorities of the Dubai Financial Services Authority.
QNB is responsible for asset sourcing and strategy, while DMZ Finance provides blockchain infrastructure. The focus is on U.S. Treasury bonds, which serve as collateral in cryptocurrency markets and provide support for stablecoins. This move could increase investments in digital assets in Dubai.
"Tokenization of real assets is becoming a crucial link between traditional capital markets and the economy of digital assets." — Nathan Ma, co-founder and chairman of DMZ Finance
The new fund could potentially redistribute liquidity in favor of regulated digital markets. It may also increase interest in Web3 payment infrastructure, strengthening Dubai's position on the global stage of digital finance. Historical trends show that similar launches have led to an increase in TVL in DeFi, which has heightened demand for new stablecoins. The QCDT fund could contribute to such developments in the Middle East, stimulating the growth of tokenized financial instruments.
This initiative reflects Dubai's strategy to integrate regulated on-chain products into its economic structure, using a progressive regulatory framework to attract participants in digital finance markets from around the world.
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