The sandbox, part of the DFSA’s Innovation Testing Licence programme, aims to enhance innovation while maintaining market integrity and protecting investors
tokenisation
Latest in tokenisation
Blockchain
Dubai real estate: MAG, MultiBank and Mavryk team up to tokenise $3bn of luxury property
Blockchain innovators and Dubai real estate developer sign $3bn property investment tokenisation deal
Dubai Land Department
Dubai boosts tokenisation of real estate investments with landmark partnership
Dubai will enhance the availability of tokenised real estate investments following an agreement between Land Department and Virtual Assets Regulatory Authority
alternative assets
New Zealand’s Evolution Stables teams up with Tokinvest for tokenised racehorse leases ahead of Dubai World Cup
Digital syndication enables racehorse owners to lease out stakes while retaining full control and ownership
crypto
Dubai real estate developer and crypto firm team up for blockchain investment portal
Dubai real estate investors will be able to buy tokenised property assets with cryptocurrency
Blockchain
Dubai real estate: DLD launches new property tokenisation project in Middle East’s first
DLD forecasts that the real estate tokenisation sector will reach AED60 billion by 2033, representing 7 percent of Dubai’s total real estate transactions
alternative assets
EXCLUSIVE: Dubai’s once-elite racehorse market now open for fractional ownership with digital tokens
The tokenised ‘syndicated ownership’ model for the sector will Simplify asset management and enhance liquidity by making fractional shares of racehorses transferable
DFSA
DFSA to organise Regulatory Sandbox to enhance tokenisation in DIFC
Sandbox offers a regulatory pathway from experimentation to full authorisation; Firms are invited to submit an Expression of Interest before 24 April
Blockchain
Tokinvest report highlights Dubai’s role in real-world asset tokenisation
With its clear regulatory framework and emphasis on web3 and innovation, Dubai has positioned itself as a crucial hub in the tokenisation revolution
Blockchain
Sigma Capital launches $100mn fund for Web3 acceleration
The fund will support early-stage venture investments in areas including DeFi, blockchain, real-world asset tokenisation, gaming and the metaverse
Cryptocurrency
EU legislation fallout fuels demand for crypto business expansions to UAE, advisory firms reveal
Digital asset exchanges, NFT marketplaces, utility token issuers, tokenised funds, and payments companies are among the ventures seeking to relocate or expand their operations to the UAE
Blockchain
Dubai developer DAMAC, MANTRA collaborate to tokenise $1bn in real-world assets
The Dubai developer’s assets in the Middle East will be available early this year on the MANTRA chain
Apple Pay
Egypt’s central bank advances digital payments with tokenisation and Apple Pay integration
The launch was coordinated with several banks, mobile payment application providers, and fintech companies to facilitate the integration of both international and local systems
blockchain technology
Dubai digital asset venture Scintilla announces new upgrades to tokenisation engie
Post-acquisition, the company is to offer a comprehensive suite of services, including structuring, issuance, distribution, and listing to drive innovation in tokenizing real-world assets
Blockchain
Lyvely lists utility token on major centralised exchanges
The $LVLY token is now available on Gate, MEXC, and Uniswap, with plans for additional exchange listings in the future
Blockchain
Global intelligent data platform WeFi launches unique ITO ecosystem; Over 1.28mn WFI tokens mined in just 2 days
In addition to mining WFI tokens, they can also use ITO nodes to gain access to new token listings within the WeFi ecosystem
tokenisation
$FAR Token surges 24% following Farcana’s new staking programme
The new staking feature allows users to lock their $FAR tokens and earn a competitive 60% APR, one of the highest incentives among the recent Web3 games