qcdt

ChainCatcher news, according to CoinDesk, the Dubai Financial Services Authority (DFSA) has approved the QCD money market fund (QCDT) supported by Qatar National Bank (QNB) and DMZ Finance, making it the first tokenized money market fund approved for issuance in the Dubai International Financial Centre (DIFC). The fund's investment strategy and asset initiation are led by Qatar National Bank, with DMZ Finance providing the technology to support its digital architecture.The fund aims to tokenize traditional assets such as U.S. Treasury bonds, serving a wide range of institutional applications, including bank-eligible collateral, stablecoin backing, exchange reserves, and Web3 payment infrastructure. Supporters expect that the fund will facilitate the adoption of financial institutions and cryptocurrency-native entities, thanks to its regulatory compliance, yield stability, and on-chain transparency.