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Dubai approves tokenized currency market fund supported by Qatar National Bank and DMZ Finance

Summary: According to reports, the Dubai Financial Services Authority (DFSA) has approved the QCD Tokenized Currency Market Fund (QCDT) supported by Qatar National Bank (QNB) and DMZ Finance, making it the first tokenized currency market fund to be issued in the Dubai International Financial Centre (DIFC). The fund's investment strategy and asset issuance are led by ...

According to reports, the Dubai Financial Services Authority (DFSA) has approved the QCD Tokenized Currency Market Fund (QCDT) supported by Qatar National Bank (QNB) and DMZ Finance, making it the first tokenized currency market fund to be issued in the Dubai International Financial Centre (DIFC). The fund's investment strategy and asset issuance are led by Qatar National Bank, with DMZ Finance providing technological support for its digital architecture.

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