This marks the first time in history that an Islamic financial center has approved a fully regulated tokenized fund, creating unprecedented fusion between Shariah finance and digital assets. The $18.9T projection by 2033 represents the largest-ever estimated value for tokenized assets, potentially creating a new financial power center in the prophetic lands of ancient Babylon.
Dubai's First Tokenized Fund: Digital Babylon Rises in Middle East
📰 What Happened
The Dubai Financial Services Authority granted historic approval to QCD Money Market Fund (QCDT), making it the first regulated tokenized money-market fund in Dubai. Led by Qatar National Bank with technology from DMZ Finance, the fund will tokenize traditional assets like US Treasuries for institutional use. The global tokenized asset market is projected to reach $18.9T by 2033. 'Tokenization of real-world assets is no longer experimental — it is foundational,' stated DMZ Finance chairman Nathan Ma.
📖 Prophetic Significance
The emergence of Dubai/Qatar as leaders in digital asset innovation represents a prophetically significant power shift. This approval enables the first-ever fusion of Islamic banking, US Treasuries, and blockchain technology in the geographic heart of ancient Babylon. The projected $18.9T market by 2033 would create unprecedented financial influence in this region. The fund's capability to serve as 'stablecoin backing' and 'Web3 payment infrastructure' points to Revelation's economic control systems emerging from this exact region. This combines three unprecedented elements: Islamic authority, digital assets, and global reserve currency control.