Qatar Commercial Bank to support Qatar’s Digital Asset and tokenization ecosystem
The Qatar Financial Centre (QFC), onboards Commercial Bank as its newest partner in the QFC Digital Assets Lab, strengthening collaboration between Qatar’s financial sector and the country’s growing digital assets ecosystem.
Commercial Bank will work with QFC Digital Assets Lab participants to develop and validate digital asset and tokenization use cases relevant to banking. It will also provide participants with business and operational feedback, workshops and use-case validation sessions. Commercial Bank’s engagement will help direct solutions towards practical applications that can enhance customer experience, improve operational efficiency and strengthen risk controls. The Bank will also assess promising QFC Digital Assets Lab propositions and explore taking them forward to proof-of-concept and pilot stages.
On offer as well, is guidance on banking and integration requirements and access to relevant business and technology teams. The engagement will place emphasis on trade digitization, including digital guarantees and electronic trade documents, supply chain and working capital finance, digital onboarding and KYC, and AI applications in transaction banking.
Mr. Mansoor Rashid Al-Khater, Chief Executive Officer of QFC, noted that Commercial Bank will bring real banking experience to the QFC Digital Assets Lab, by helping participants bring read for real world use products to that will meet market needs. He added, “We look forward to working with Commercial Bank to unlock new opportunities in digital assets and tokenisation, and to support the development of a future-ready financial services ecosystem in Qatar.”
Mr. Stephen Moss, Group Chief Executive Officer of Commercial Bank, explained that the future of banking will be defined by the ability to turn innovation into tangible and positive outcomes for our customers. He added, “Our partnership with the QFC Digital Assets Lab is an opportunity to help shape that future, combining financial expertise and emerging technologies to develop practical banking applications. Together, we aim to deliver solutions that drive business growth, improve customer experiences and reinforce Qatar’s position as a forward-looking financial hub.”
Back in May of 2026, The Qatar Financial Centre (QFC), and Qatar’s Commercial Bank (CB) signed an MOU to facilitate access to banking services for QFC based firms including a framework for collaboration in fintech and digital assets including those developing and testing tokenization projects in QFC’s Digital Assets Lab.
