Tokenized Money Market Fund Launches in Dubai for Banks, Exchanges, and Stablecoins

Louis Adams
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The QCD Money Market Fund (QCDT), a tokenized fund approved by the DFSA, is now live in Dubai’s financial free zone, offering institutions new ways to deploy capital.

Developed by QNB and DMZ Finance, the fund supports:

  • Banking: Qualifying collateral
  • Exchanges: Mapped collateral
  • Stablecoins: Reserve backing
  • Web3: Payment system foundation

“This accelerates our digital asset roadmap,” said QNB Singapore’s CEO, Silas Lee.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.