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Dubai’s First Tokenized Money Market Fund Receives Official Approval from DFSA, a Partnership Project by QNB and DMZ Finance
We are proud to announce that the QCD Money Market Fund (QCDT), a partnership project of @DMZ_Finance with @QNBGroup, as investment manager, has obtained the Letter of Consent and formal regulatory approval from the Dubai Financial Services Authority (DFSA), making it the FIRST tokenized money market fund officially set up in Dubai International Financial Centre (@DIFC).
@QNBGroup, the largest financial institution in the Middle East and Africa, will serve as the fund’s lead originator and investment manager.
@DMZ_Finance, acting as co-originator, provides the exclusive tokenization infrastructure powering the fund. This landmark approval of QCDT by the DFSA marks a major milestone in the advancement of real-world asset (RWA) tokenization in the Middle East region.
Full Press Release:

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