Crypto.com to evaluate listing DMCC tokenized commodities on its exchange
Crypto.com, the global VARA ( Virtual Assets Regulatory Authority) crypto exchange has partnered with Dubai international business district DMCC to evaluate listing tokenized commodities on the crypto exchange as well as utilize blockchain technology to reduce settlement friction, improve price transparency and broaden markets.
These solutions can be applied precious metals, diamonds, to energy and agri-markets. This will be contingent on obtaining required regulatory approvals.
Additionally the parties are exploring custody models, liquidity-facilitation mechanisms and the potential facilitation of digital-asset payments across DMCC’s digital platforms and selected member use cases.
Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC noted that the rapid ascent of tokenization is a structural opportunity to modernize how commodities are financed, traded and settled, bringing greater transparency and widening access to global markets. He explains that the ability to move real assets on-chain is a practical step toward a more efficient trading environment.
He states, “By partnering with Crypto.com, we will explore high-value applications ranging from the secure issuance and management of tokenized commodities to new models for custody, liquidity and digital asset payments, reinforcing the foundations for the next evolution of global trade. This work positions Dubai firmly at the center of that transition.”
As part of the wider engagement, Crypto.com will work with the DMCC Crypto Centre on a series of educational and technical programmes aimed at building institutional understanding and responsible innovation across Dubai’s rapidly expanding Web3 ecosystem. Initiatives under consideration include workshops, hackathons and capability-building modules for businesses exploring tokenised asset models.
Eric Anziani, President and Chief Operating Officer, Crypto.com, added, “Tokenized real-world assets represent one of the most significant advancements in the digital economy. Working with DMCC – a global leader in trade facilitation and an established hub for innovation – provides an exceptional platform to explore these opportunities responsibly and at scale. Together, we aim to advance infrastructure that supports the next chapter of tokenization, global trade and digital financial services.”
The agreement builds on DMCC’s partnership with VARA, signed earlier this year, to advance global infrastructure for tokenized commodities.
DMCC is already tokenizing a Silver Bar with Tokinvest
Earlier this month DMCC, unveiled the world’s largest silver bar, 1,971kg asset officially recognized by Guinness World Records which is now being tokenized through DMCC’s Tradeflow platform using TokinVest.
The project brings together UAE-based precious metals refiner Sam Precious Metals, responsible for the bar’s production; Tokinvest, a VARA-regulated platform leading the digital tokenization and issuance process; and Brink’s, which will oversee secure storage and logistics.
Prior to that DMCC also signed an agreement with Blockmaze, a Layer-1 blockchain built for a world where every asset—gold, commodities, securities, real estate, even IP, and part of Finvasia Group, discussed opportunities in advancing real-world asset tokenization and digital trade infrastructure in the UAE.
