😊 Dubai has approved its first tokenized money market fund — the QCD Money Market Fund, backed by Qatar National Bank and DMZ Finance. It brings U.S.
Treasuries and other traditional assets on-chain, offering regulated yield in a Web3-native format. This paves the way for tokenized assets to be used as bank collateral, stablecoin reserves, and in DeFi payments. A major step for bridging TradFi and crypto, and a win for Dubai’s push as a global Web3 hub.
