Dubai Financial Services Authority Approves QCD Money Market Fund Backed by Qatar National Bank and DMZ Finance

According to CoinDesk, the Dubai Financial Services Authority has approved the QCD Money Market Fund, backed by Qatar National Bank and DMZ Finance. The fund aims to put traditional assets on-chain and serve various institutional applications, enhancing the role of the Middle East as a digital asset financial hub. The investment strategy and asset sourcing are led by Qatar National Bank, while DMZ Finance provides technical support for its digital architecture. [Foresight News]