Dubai Regulators Approve QNB’s Tokenized Money Market Fund
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The DFSA has approved QCDT, a tokenized money market fund by QNB and DMZ Finance, in the DIFC.
DMZ will handle tokenization tech, while QNB manages the fund, which can be used as collateral, stablecoin backing, and Web3 payment infrastructure.
QNB Singapore’s CEO called it a “pivotal step” in the bank’s digital asset strategy.
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