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QNB, Standard Chartered, and DMZ launch first regulated tokenized money fund in Dubai, using blockchain for efficiency and transparency.
QNB Group, Standard Chartered, and DMZ Finance have launched the first regulated tokenized money market fund in the Dubai International Financial Centre, using blockchain to enhance liquidity and efficiency.
The QCD Money Market Fund, managed by QNB Group and funded through the QCDT token, leverages DMZ Finance’s infrastructure and Standard Chartered’s custodial services, with Capricorn Fund Managers overseeing operations.
The fund aims to combine traditional asset stability with digital benefits like transparency, accessibility, and smart contract compatibility, advancing the UAE’s role in regulated digital asset innovation.
QNB, Standard Chartered y DMZ lanzan el primer fondo de dinero tokenizado regulado en Dubái, utilizando blockchain para la eficiencia y la transparencia.