DMCC And Crypto.com Collaborate To Advance Tokenisation And Digital Trade Infrastructure

DMCC, a prominent business district in Dubai, has formed a strategic alliance with Crypto.com, a well-known cryptocurrency platform. This collaboration aims to advance tokenisation within the global commodities market and establish future trade infrastructure. The partnership will explore how blockchain can enhance settlement efficiency, price transparency, and market access across various commodity sectors.

The agreement involves examining the potential listing of tokenised commodities on the Crypto.com Exchange, pending regulatory approvals and meeting listing criteria. Additionally, they will explore custody models, liquidity mechanisms, and digital-asset payment facilitation on DMCC's digital platforms for selected members.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, highlighted the opportunity to modernise commodity trading through tokenisation. He stated that moving real assets on-chain could lead to more efficient trading by reducing reliance on outdated systems. The partnership with Crypto.com aims to explore secure issuance and management of tokenised commodities and new models for custody and liquidity.

Eric Anziani, President and COO of Crypto.com, emphasised the significance of tokenised real-world assets in the digital economy. Collaborating with DMCC provides a platform to responsibly explore these opportunities at scale. Their joint efforts aim to develop infrastructure supporting tokenisation's next phase alongside global trade and digital financial services.

As part of their broader engagement, Crypto.com will collaborate with the DMCC Crypto Centre on educational programmes. These initiatives include workshops, hackathons, and capability-building modules for businesses interested in tokenised asset models within Dubai’s expanding Web3 ecosystem.

Mohammed Al Hakim, President and General Manager MEA of Crypto.com, expressed pride in working with DMCC to enhance Dubai’s digital asset ecosystem. He noted that integrating blockchain technology with traditional financial systems is crucial for developing Dubai’s business sector.

Building on Previous Partnerships

This agreement builds upon DMCC's earlier partnership with VARA to advance global infrastructure for tokenised commodities. These initiatives contribute to creating a secure framework for integrating real-world assets into the digital economy while supporting Dubai’s evolving digital asset ecosystem.

The collaboration strengthens DMCC’s position as a leader in global commodities trade and the emerging tokenised economy. With over 26,000 companies across various sectors like energy and technology, DMCC offers a diverse commercial environment for businesses at the intersection of trade and innovation.

Their technology ecosystem includes more than 3,400 firms that create unique pathways for practical blockchain applications in real-world trade systems. This positions Dubai centrally in transitioning towards modernised global trade practices through innovative technologies.

With inputs from WAM