08 Jul
08Jul

The Dubai Financial Services Authority (DFSA) has officially approved the QCD Money Market Fund (QCDT), a collaborative digital finance initiative by Qatar National Bank (QNB) and DMZ Finance. The approval, granted within the Dubai International Financial Centre (DIFC), positions QCDT as a cornerstone asset for tokenized institutional finance in the region.

A New Milestone in Institutional Tokenization

The QCDT fund is specifically engineered for use in high-trust financial operations such as bank collateral, centralized trading asset support, and tokenized settlement ecosystems. By enabling institutions to deploy QCDT as collateral, the fund introduces greater liquidity and compliance to digital financial workflows.

The QNB-led initiative focuses on investment strategy, while DMZ Finance handles the technical infrastructure necessary to support QCDT's blockchain-based operations. This division of responsibilities reflects the increasing sophistication of institutional DeFi projects in regulated environments.

Regulatory Green Light Underscores Dubai’s Digital Asset Vision

The DFSA’s approval solidifies Dubai’s ambition to become a global leader in digital asset regulation and tokenized finance infrastructure. With this move, Dubai joins a growing list of jurisdictions offering regulatory clarity for blockchain-based financial instruments.

While formal comments from QNB or DMZ Finance are yet to be released, sources close to the matter highlight the DFSA’s confidence in the project’s technical security and legal compliance.

Key Takeaways:

  • QCDT is approved for use as collateral in centralized trading and banking environments.
  • Qatar National Bank oversees the fund’s investment framework.
  • DMZ Finance leads the technological implementation.
  • Approval by DFSA highlights Dubai’s role as a hub for institutional tokenized finance.

As digital asset integration accelerates, QCDT may become a model for future tokenized money market solutions across compliant financial networks.

July 2025, Cryptoniteuae

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