Dubai’s Next-Gen Finance Push: DFSA Approves Tokenized Fund for Web3 Era

Dubai is cementing its status as a digital finance leader with the DFSA’s approval of QCDT—a tokenized money market fund by QNB and DMZ Finance.

Beyond traditional uses, the fund enables:
✔️ Collateral for banks & exchanges
✔️ Stablecoin reserves
✔️ Web3 payment rails

“This isn’t just a fund—it’s the foundation for tomorrow’s financial systems,” said QNB’s Silas Lee.