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Labrish
Nyuuz
DMCC teams with Crypto.com to tokenize commodities, shake up trade
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[QUOTE="Munyaradzi Mafaro, post: 77772, member: 636"] DMCC signed a deal with Crypto.com to push tokenization in the commodities game, and the whole thing is about using blockchain to cut down settlement times and make pricing less opaque across precious metals, diamonds, energy products, and agricultural stuff. The MoU covers potential listings of tokenized commodities on the exchange pending regulatory clearance, plus custody setups and digital payment integration across DMCC platforms in Dubai. Crypto.com is teaming up with the DMCC Crypto Centre on workshops and hackathons to get institutions up to speed on tokenization without everything turning into a regulatory nightmare. The partnership builds on existing work with the Virtual Assets Regulatory Authority to create compliant frameworks for real-world assets moving into digital markets. DMCC hosts over 26,000 companies across energy, metals, diamonds, and tech sectors, with more than 3,400 technology firms in the ecosystem that can actually apply blockchain to live trade systems instead of just theoretical use cases. [/QUOTE]
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Labrish
Nyuuz
DMCC teams with Crypto.com to tokenize commodities, shake up trade
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