The Dubai Monetary Providers Authority has granted regulatory approval for the QCD Cash Market Fund, the primary tokenised money-market automobile authorised within the Dubai Worldwide Monetary Centre
The Dubai Monetary Providers Authority has granted regulatory approval for the QCD Cash Market Fund, the primary tokenised money-market automobile authorised within the Dubai Worldwide Monetary Centre. The fund, branded QCDT, is sponsored by Qatar Nationwide Financial institution with the digital infrastructure supplied by DMZ Finance.
QCDT will maintain short-dated conventional belongings comparable to US Treasuries whereas issuing on-chain tokens that characterize investor shares. The construction is designed to produce bank-eligible collateral, stablecoin reserves and change liquidity, combining yield stability with blockchain-based transparency.
Dubai’s authorisation underscores the emirate’s ambition to place itself as a regulated hub for real-world asset tokenisation. Business analysts see the choice as an early step towards a market that Ripple and Boston Consulting Group estimate may attain US$18.9 trillion in tokenised RWAs by 2033.
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