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RWA News: Dubai Approves Its First Tokenized Money Market Fund

Summary by Coin Desk
The Dubai Financial Services Authority has approved Qatar National Bank and DMZ Finance's QCD Money Market Fund.

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The DIFC regulator in Dubai approved the QCD Money Market Fund, the first tokenized monetary fund co-managed by Qatar National Bank and DMZ Finance. The fund tokenizes assets such as US Treasury bills, with a blockchain infrastructure that meets local regulatory standards. It targets institutions, stablecoins and Web3 platforms. Dubai and Doha are accelerating on the RWA with the aim of capturing a market share estimated at $18,900 billion in 20…

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Joplin Globe broke the news in on Monday, July 7, 2025.
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