UAE regulated XBTO and Obligate Launch Tokenized European Real Estate Credit Strategy

XBTO, a global leader in institutional digital asset management, has partnered with a European alternative investor and global asset manager, and Obligate, a Swiss-regulated tokenization platform, to advance institutional adoption of blockchain infrastructure through a new real-world asset tokenization initiative.

Kamuiʼs RWA Professional Fund, one of the first institutional funds established in 2024 to back tokenized real-world assets, has committed to invest in the tokenized real estate-backed loans product. .

The collaboration aims to bring the efficiencies and transparency of blockchain technology to the world of private credit, combining rigorous institutional governance with innovative financial engineering.

“This is a foundational step in scaling institutional adoption of digital private credit,ˮ said Karl Naïm, Group Chief Commercial Officer and Senior Executive Officer Middle East at XBTO. “By bringing real assets on-chain in a compliant structure, we are demonstrating what tokenization can achieve when it is built from the ground up with the right partners’.

“This collaboration showcases the viability of our eNote framework for creating institutional-grade investment solutions.” said Tobias Wohlfarth, Chief Business Officer at Obligate. “Combining the established Swiss regulatory framework with the efficiencies of blockchain technology we can bring attractive investment solutions on-chain.”

“Tokenized real-world assets bring distinct advantages in transparency, priority claims and AI-readiness, which we believe result in a superior reward to risk profile, especially in private credit.ˮ said Hadi Kabalan, Director at Kamui.

Obligate AG provides blockchain infrastructure for the compliant issuance, settlement, and lifecycle management of digital debt instruments. Through its platform, Obligate enables the on-chain issuance of legally enforceable securities, offering a seamless bridge between traditional capital markets and decentralized finance. The companyʼs integrated marketplace connects issuers and investors directly, while supporting partners across distribution, listing, and custody.

Unlike direct property tokenization platforms that focus on individual assets, this initiative is designed around a very well-diversified portfolio of real estate-backed loans, managed within a regulated framework. The project builds on the respective strengths of XBTOʼs deep operational presence in institutional digital finance, and Obligateʼs compliant DLT infrastructure under Swiss law.

The initiative operates under Luxembourg law through a dedicated securitization vehicle, with XBTO leveraging its global regulatory footprint to ensure compliant distribution across its licensed jurisdictions, including Bermuda and the United Arab Emirates.