Stobox receives license in Qatar to offer tokenization solutions

Stobox receives license in Qatar to offer tokenization solutions

Stobox, a blockchain enabled tokenization provider, has received a license in Qatar by Qatar Financial Centre (QFC) .

As per the press release, this milestone reinforces Stobox’s pivotal role in accelerating the adoption of real-world asset (RWA) tokenization across the Middle East and North Africa (MENA). The license will allow Stobox to bring its technology and expertise to one of the world’s fastest-growing digital economies.

Qatar Financial Centre houses businesses, from start-ups to large corporations, like Deutsche Bank, Citibank, and Industrial and Commercial Bank of China, among its clients. Now, these companies can access Stobox’s innovative tokenization frameworks and blockchain-powered financial solutions.

In addition to its operational license, Stobox has secured a business license to provide consulting services, technology solutions, and customer support.

“Securing this license marks a transformative moment for Stobox. It affirms our leadership in tokenization and unlocks access to government-supported initiatives, business development opportunities, and partnerships with major banks and investors. We’re committed to building a robust tokenization ecosystem in Qatar and throughout MENA,” said Ross Shemeliak, COO and Co-Founder.

Additionally, Stobox will introduce products to Qatar’s tokenization ecosystem such as Stobox 4 – an ecosystem where users can manage a diverse portfolio of assets with unparalleled security and ease. It accommodates an extensive range of cryptocurrencies while also pioneering the tokenization of real-world assets, transforming traditionally illiquid investments into accessible, liquid opportunities.
Turn-Key Solutions to Tokenize Your Real-World Assets.


It will also introduce the Stobox Decentralized Identity (DID) framework fortifies the integrity of tokenized transactions, ensuring that only credentialed and authorized participants can issue, transfer, or redeem digital assets. It aligns with global regulatory frameworks while streamlining compliance operations.

Additionally the company operates the STV3 Protocol delivers a secure, efficient, and scalable framework for managing tokenized assets. It integrates cutting-edge innovations for improved performance, regulatory compliance, and automated governance, thus providing a robust ruleset for modern digital asset ecosystems.

Stobox has already tokenized the world’s largest shrimp farm in collaboration with Qatar’s ICM Capital, a prominent conglomerate in the Gulf Cooperation Council (GCC). This project exemplifies the transformative potential of tokenization in the region.

Stobox is also working in the UAE and has initiated partnerships there.

Stobox partners with UAE RASMA Legal to spur tokenization solutions

Stobox partners with UAE RASMA Legal to spur tokenization solutions

Stobox, a tokenization company, has partnered with UAE based RASMA Legal, a legal advisor to spur the tokenization landscape in the UAE by combining Stobox’s innovative technology and RWA expertise with RASMA Legal’s extensive legal and regulatory expertise.

The partnership aims to accelerate the adoption of tokenization in the region, offering businesses a streamlined and compliant approach to leveraging tokenized assets.

Stobox, with over six years of experience in the tokenization space and more than $300 million in tokenized assets, is recognized for its robust technology solutions that empower businesses to tokenize and manage digital assets seamlessly. With over 70 clients globally, Stobox has consistently delivered innovative tokenization solutions, positioning itself as a leader in the industry, and will soon launch the product Stobox 4.

With a reputation for regulatory excellence, RASMA Legal plays a pivotal role in guiding businesses through the regulatory complexities of digital asset frameworks across the UAE, Saudi Arabia, and the GCC region. Known for its strategic insight into digital asset laws and fintech regulations, RASMA Legal has become a trusted advisor for businesses across the GCC looking to navigate this transformative space. The firm’s extensive experience allows it to provide end-to-end legal support for tokenization projects, from initial assessment to transactional documents and regulatory licensing.

Further enhancing its role as a key industry player, RASMA Legal maintains a presence at digital asset forums and regulatory discussions, actively shaping best practices and influencing regulatory evolution within the GCC.

Stobox sees immense potential for tokenization in the UAE, a region known for its forward-thinking regulatory frameworks and growing interest in digital assets. By partnering with RASMA Legal, Stobox aims to introduce its tokenization platform to businesses across the UAE, leveraging RASMA’s local expertise to ensure full compliance with regional regulations.

RASMA Legal will be the first legal service provider to be integrated into Stobox 4, a comprehensive product offering that streamlines the entire tokenization process. Stobox 4 allows businesses to tokenize their assets, raise capital through Security Token Offerings (STOs), and manage their tokenized assets with ease. RASMA’s involvement adds a significant layer of validation to this process, ensuring that businesses from the UAE can not only tokenize their assets but do so in full compliance with the UAE’s legal and regulatory frameworks.


As part of the partnership, RASMA Legal will provide a full range of legal support to businesses looking to run compliant STOs in the UAE. From licensing and registration to ongoing regulatory advice, RASMA’s services will be instrumental in helping businesses navigate the often complex process of tokenizing assets and raising capital through digital securities. This partnership will enable businesses to confidently enter the world of tokenization, knowing they have the legal backing necessary to succeed.