Wu said that QNB Group, Standard Chartered Bank, and DMZ Finance jointly announced the official launch of the first regulated tokenized money market fund in the Dubai International Financial Centre (DIFC), QCD Money Market Fund (token code QCDT). The fund is managed by QNB for underlying assets, DMZ Finance provides tokenization technology, Standard Chartered Bank acts as the asset custodian, and Capricorn Fund Managers is responsible for fund operation.

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