The $108,888,888 fund will operate an “open-arms policy,” welcoming real-world asset tokenization and DeFi projects at all developmental stages.
Dubai News
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CBUAE governor Khaled Mohamed Balama said in a Khaleej Times report that the digital dirham could help combat financial crime and improve financial stability.
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Robust blockchain infrastructure remains one of the most important factors influencing blockchain adoption among mainstream users, according to DWF Labs.
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The Dubai Land Department expects the market value for tokenized real estate to reach over $16 billion in 2033.
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French authorities reportedly suspended judicial control in relation to Telegram founder Pavel Durov from March 15 to April 7.
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Dubai International Financial Center CEO Arif Amiri said Ripple was the first licensed blockchain payment provider in the DIFC.
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One of the largest banking groups in the region, Dubai-state-run Emirates NBD, offers crypto trading services in collaboration with Aquanow and Zodia Custody.
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Dubai’s latest crypto license clears the way for the layer-1 blockchain to launch unique DeFi services and products.
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Dubai’s Damac Properties and the Mantra protocol are spearheading a $1 billion initiative to tokenize real estate, unlocking global investment opportunities through blockchain.
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Tokinvest founder and CEO Scott Thiel said that in his seven years in the RWA sector, there’s been “no lack of demand” from asset owners wanting to tokenize their properties.
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2024 was a disappointing year for MENA venture capital deals, but that could change as AI adoption accelerates.
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The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
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Crypto app downloads in the UAE reached 15 million in 2024, with a record 2.8 million installs in December, driven by market trends and adoption.
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Mantra Finance has secured a Dubai VASP license, expanding its DeFi and RWA tokenization services for institutional investors in the UAE and MENA region.
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Dubai’s crypto regulator said any virtual assets issued in the emirate must adhere to its regulations.
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