DMCC and Crypto.com Sign a Dubai MoU on Tokenized Commodities
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Crypto.com and DMCC signed a MoU in Dubai to explore tokenized commodities and improve settlement processes using blockchain technology. The partnership will focus on custody, liquidity, and regulatory listings, enhancing efficiency in commodities transactions.
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- DMCC and Crypto.com signed a Dubai MoU to explore tokenized commodities and settlement
- Workstreams cover custody, liquidity, and potential listings subject to regulatory approval
- Crypto.com also backed a prediction intelligence platform with ERShares and Signal Markets
Crypto.com and Dubai Multi Commodities Centre (DMCC) have entered into a partnership aimed at expanding the use of blockchain technology across global commodities markets, with a focus on tokenisation, settlement efficiency, and digital trade infrastructure.
Under the MoU, the two organizations will test how distributed ledger systems can reduce settlement delays and tighten price transparency in commodities workflows that still run on slow, paperwork-heavy processes.
The scope includes commodities categories such as precious metals, diamonds, energy products, and agricultural goods, with an emph…
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