Saudi Fundraizerly for tokenizing fundraising signs up alternative investment manager

Saudi Fundraizerly for tokenizing fundraising signs up alternative investment manager

Fundraizerly, the end-to-end platform for investment management, digital fundraising and asset tokenization, has been selected by an alternative-investment manager with AUM in the low nine-figure range to power its next generation of closed-end funds.

As per the press release, the client’s identity remains confidential under a mutual non-disclosure agreement, but the firm has granted written consent to share aggregate details of the engagement. Fundraizerly and the client may release a named case study once regulatory filings and internal policies permit.

Using Fundraizerly’s tokenization engine on the Base Layer-2 network, the manager will issue fund units as compliant on-chain tokens—unlocking real-time cap-table visibility, automated distributions and programmable transfer rules. Base network, incubated by Coinbase, provides low fees and fast settlement while inheriting Ethereum’s security.

To enhance investor servicing, the mandate also activates Fundraizerly’s AI Assistants—domain-specific large-language-model agents trained on the fund’s portfolio data. Industry research shows that more than two-thirds of enterprises are already training staff or hiring talent to deploy Gen-AI solutions.

“Tokenization has become the operating system of modern funds,” said Haiyan Alsaiyed, CEO of Fundraizerly. “By combining our secure issuance stack with Base’s scalability and AI-driven investor support, this partnership sets a new benchmark for mid-market managers.”

The announcement comes as the on-chain value of tokenised real-world assets (RWAs) has surpassed US $24 billion across public blockchains—highlighting accelerating institutional adoption. (forbes.com)

UAE Web3 Fund Aqua 1 invests in World Liberty Financial tokens

UAE Web3 Fund Aqua 1 invests in World Liberty Financial tokens

Aqua 1, Web3-native fund which seems to have been created recently, and on its website does not state who its team is announced it invested $100 million into Trump’s World Liberty Financial (WLFI) token, as a means to participate in the governance of the DeFi platform. The partnership will seek to synergize USD1 infrastructure to ignite adoption across commercial payment gateways and treasury management systems.

As per the announcement, the commitment will help accelerate the creation of a blockchain powered financial ecosystem centered on blockchain, Real World Asset (RWA) tokenization, and stablecoin integration.

The authors go on to noted, together, WLFI and Aqua 1 are building the definitive bridge between legacy systems and blockchain innovation, an institutional-grade marketplace delivering unparalleled access to traditional assets.

“We’re excited to work hand-in-hand with the team at Aqua 1,” said Zak Folkman, Co-Founder of World Liberty Financial. “Aligning with Aqua 1 validates our blueprint for global financial innovation, as we have a joint mission to bring digital assets to the masses and strengthen our nation’s standing as a champion and leader of cryptocurrency and blockchain technology.”

“WLFI and Aqua 1 will jointly identify and nurture high-potential blockchain projects together,” stated Dave Lee, Founding Partner of Aqua 1. ( no LinkedIn profile available)“WLFI’s USD1 ecosystem and RWA pipeline embody the trillion-dollar structural pivot opportunity we seek to catalyze, where architects merge traditional capital markets with decentralized primitives to redefine global financial infrastructure.”

Beyond the U.S. market, Aqua 1’s global investment and compliance teams will assist WLFI in expanding across South America, Europe, Asia, and emerging markets to accelerate digital asset ecosystem development.

Strategically, WLFI also plans to support the launch of Aqua 1’s Aqua Fund, a UAE-domiciled investment fund developed in partnership with leading regional stakeholders. The fund will be dedicated to accelerating the Middle East’s digital economy transformation through advanced blockchain infrastructure, artificial intelligence integration, and global Web3 adoption.

Aqua Fund aims to serve as a gateway for capital, talent, and technology to converge, positioning the region at the forefront of the next digital wave. Aqua Fund intends to partner with a secondary trading venue within ADGM to list the fund and facilitate secondary market liquidity for investors.

Furthermore, both parties plan to jointly develop and incubate BlockRock (https://x.com/BlockRock_rwa), an institutional RWA tokenization platform, focused on digitizing and integrating premium traditional assets into the Web3 ecosystem.

This is not the first time a UAE entity engaged with World Liberty Financial when it was announced that MGX, an Abu Dhabi tech company invested $2 billion in Binance crypto exchange, using the USD1 stablecoin. Binance listed World Liberty Financial USD (USD1) and opened trading for the following spot trading pair USD1/USDT.

Aqua-Index water backed digital asset token to be launched in UAE

Aqua-Index water backed digital asset token to be launched in UAE

UAE based DMCC, the Dubai commodities free zone, signed an MOU with AQUA-INDEX, a global pioneer in water commodities trading to launch the world’s first digital asset token backed by freshwater resources.

As per the press release, this will revolutionize how water is traded, valued and managed globally.

The token – the first of its kind globally – is backed by verified, drinking-quality water stored in global reservoirs and will enable investors, hedgers, traders and the general public to trade, hold and take delivery of fresh water as a commodity. By combining financial innovation with water market expertise, the partnership offers a practical mechanism for unlocking new liquidity and transparency in global water supply chains.

Under the partnership, AQUA-INDEX will benefit from DMCC’s extensive global network, world-class services, advanced infrastructure, and leading commodity marketplace, facilitating the effective trading and investment in water assets. AQUA-INDEX will enhance the availability and exchange of knowledge around global water usage and pricing and provide access to essential trading and hedging products for DMCC and its member companies.

DMCC will not directly own or manage the token itself.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “Nearly half the global population experiences water scarcity for at least part of the year, yet water remains the only critical resource without a mature, regulated market. We are proud to partner with AQUA-INDEX to drive a transparent, neutral, and legally coherent structure and marketplace for water to secure the future of a resource that has long been undervalued.

This is the next clear milestone in the formation of DMCC Water Centre, where we will not only bring the conversation of water to the forefront, but also attract the sector’s leading companies to create a global centre in Dubai for water innovation, security, sustainable best practice, knowledge and education, while ensuring that the world’s most transported commodity has the ability to reach water distressed areas.”

Yaacov Shirazi, Chairman and Founder of AQUA INDEX, added, “Pricing water by the value of its usage, standardization of water by its mineral content and quality, and turning water to a new asset class for a financial trading, is a gamechanger in the world economy. It will establish new levels of water management which prevents scarcity, contamination, and lack of access.”

The Water Centre brings together WaterTech innovators, logistics providers and commodity traders under one platform.

DFSA starts second phase of tokenization testing license program

DFSA starts second phase of tokenization testing license program

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has started the next phase of its Tokenization Regulatory Sandbox, beginning engagement with firms selected to join its Innovation Testing License program, the DFSA’s regulatory sandbox that allows entities to test innovative financial products and services under a controlled environment.

As per the press release, The DFSA’s Tokenization Regulatory Sandbox, launched in March 2025, received 96 expressions of interest from across the United Arab Emirates, United Kingdom, European Union, Canada, Singapore, and Hong Kong. The launch of the sandbox marks a major step forward in the DFSA’s strategy to support responsible financial innovation within the DIFC and reflects its growing focus on tokenization as a transformative force in financial services.

Applications included proposals to tokenize financial assets and instruments, such as bonds (including Islamic bonds, or sukuk), units in a fund (including money market funds and property funds), and the trading and safe custody of those assets. The initiative attracted strong interest from both established financial institutions wishing to explore tokenization use cases and innovative start-ups looking to scale breakthrough digital asset solutions in a regulated environment.

Speaking at the DFSA’s Policy & Legal Roundtable, Charlotte Robins, Managing Director, Policy & Legal, said, “The global interest in our Tokenization Regulatory Sandbox signals the importance of, and growing appetite for, responsible innovation, and recognizes the appeal of DFSA’s regulatory approach to innovation. As a regulator, our role is to support innovation and its positive contribution to the financial markets in ways that maintain market integrity and protect the public interest within the DIFC. By working closely with local and global firms through the sandbox, we are encouraging responsible innovation and helping to ensure that new ideas are tested against regulatory expectations.”

Following a detailed review, applicants were assessed based on their business model, clarity of use case, and readiness to test. Some firms were invited into the sandbox for live testing under the Innovation Testing Licence, while others were considered suitable for full authorisation under existing rules due to the maturity of their operations and experience in other regulated jurisdictions.

The DFSA will now work with the firms selected for the Innovation Testing Licence to co-develop bespoke testing plans. Sandbox participants will begin trials within a controlled environment in the coming weeks. The outcomes from this cohort will help inform future regulatory policy and potential refinements to the DFSA’s evolving digital assets and broader innovation frameworks.

Qatar Financial Centre to create carbon token markets

Qatar Financial Centre to create carbon token markets

As per an article in Qatar Times, The Qatar Financial Centre (QFC) is creating an ecosystem for tokenized carbon markets. The market will not only facilitate cross-border carbon credit movements but also enable tokens produced in various countries to be easily exchanged. “The carbon markets ecosystem will be tested within the lab environment to validate its functionality, efficiency, and potential impact on carbon offset initiatives,” the QFC said.

It was one of the innovation challenges at QFC Digital Assets Lab. The tokenisation of carbon credits is aligned with the global linking of the currently “fragmented” carbon markets, and facilitates the cross-border movement of carbon credits; the interoperability of DLT (distributed ledger technology) protocols will enable tokens produced in different countries to be easily exchanged, it added.

The objectives of creating carbon markets ecosystem are to develop and test a DLT-powered platform that facilitates the tokenisation, trading and verification of carbon credits.

“The QFC aims to collaborate with industry stakeholders to coordinate the advancement of digital utilities and platforms that enable the smooth and reliable flow of environmental, social and governance (ESG) data,” it said.

These initiatives would play a crucial role in aiding financial institutions and businesses to channel capital to sustainable projects, while also monitoring commitments and evaluating the overall impact, according to it.

“The QFC will partner with domestic and international Greentech providers and stakeholders to develop the network which will include a disclosure portal, registry, and a marketplace/exchange,” it said.

The carbon credit tokenisation involves the migration of information and features of carbon credits onto a DLT, where these credits are represented as tokens and can also be directly issued on DLT, with all associated attributes publicly accessible.

Each carbon credit corresponds to a carbon token, establishing a one-to-one relationship, it said, adding the QFC’s role is to establish the rules for the lab as well as getting approvals, monitoring participation, intervening when there is non-compliance and commercial establishment. “The QFC will support the development of the ecosystem,” it said, “in looking forward, QFC acknowledges that the digital assets landscape is constantly evolving, and innovative solutions continue to emerge.”

The endeavour would be to design carbon offsets projects in consultation with stakeholders and sells carbon credits to buyers. The QFC ecosystem would ensure setting standards for carbon credit quality, certify and issue carbon credits, and have a registry to track certified credit projects and credits issuance and retirement.

Earlier The Hashgraph Association had announced that they had partnered with Qatar Financial Centre (QFC) Digital assets Lab noting that within the next 12 months it will work together with stakeholders to explore implementing five innovative use cases, in the areas of equity tokenization, Sukuk Islamic Bonds tokenization, real estate tokenization, sustainability ESG Carbon credits, as well as consumer engagement and loyalty programs.

Dubai PRYPCO Mint launches its second tokenized property

Dubai PRYPCO Mint launches its second tokenized property

On the heels of the success of the first tokenized property listing in UAE and MENA, which brought in investments of over $700K, Dubai PRYPCO, Dubai Land Department, under the regulatory overlook of Dubai’s Virtual Asset Regulatory Authority and the Central Bank of the UAE, have announced the launch of their second tokenized property worth $650K.

PRYPCO Mint will go live with the second tokenized property listing on June 11th 2025. As per the press release, the next phase not only reinforces investor confidence in fractional property ownership but also strengthens Dubai’s standing as a global pioneer in real estate innovation and blockchain-powered investment.

The new tokenized property is a one bedroom apartment in Kensington Water, at Mohammed Bin Rashid City. It has a total valuation of AED 1.5 million ( $653K) offered at a discounted rate compared to its estimated market value of AED 1.875 million.

Through fractional ownership starting from just AED 2,000, ( $540) to UAE residents holding Emirates IDs.

Amira Sajwani, Founder and CEO of PRYPCO, said, “The incredible response to our first tokenised property proved that investors are ready for a smarter, more accessible way to invest in real estate. With our second property, we’re continuing to break down traditional barriers and offer high-quality opportunities to a broader, more diverse audience. At PRYPCO, our mission is to democratise property ownership, and this is just the beginning.”

Already PRYPCO Mint which was launched on May 25th has been successful in its first offering, a two bedroom apartment in Business Bay that attracted 224 investors from over 40 nationalities, with an average investment of $2900. The first was also listed at $653,000 and was fully funded in one day.

Blockchain based certificates of Property Token Ownership were granted for the first property. Ctrl Alt powers the blockchain infrastructure, issuing secure ownership tokens on the XRP Ledger, while UAE digital bank Zand serves as the official banking partner.

Targeting tech-savvy investors, millennials, and first-time buyers, PRYPCO Mint enables digital property ownership through a mobile-first experience, transforming real estate from a traditionally slow, capital-heavy asset into a flexible, inclusive, and liquid investment.

PRYPCO Mint platform is expected to open to international investors in its next phase, further expanding Dubai’s real estate footprint as a global innovation hub.

Allo Blockchain to pilot digital identity and RWA tokenization in Qatar

Allo Blockchain to pilot digital identity and RWA tokenization in Qatar

After being admitted to Qatar’s Digital Assets Lab, Allo, a blockchain tokenization platform has announced that it will begin piloting initiatives in areas such as secure digital identity systems as well as tokenization of real world assets.

By working within the Qatar Digital Assets Lab, Allo is able to fine-tune its blockchain technologies to meet the specific demands of local markets. This includes use cases such as Islamic finance, regional data protection standards, and tokenized assets.

According to Allo, the opportunity to build and test under regulatory guidance is relatively rare and enables developers to refine applications in alignment with both legal and market realities.

Allo not only is focusing solely on technical development, it is also collaborating for, security, and regulatory adaptability. Allo’s participation supports efforts to ensure that blockchain tools are accessible, secure, and tailored to real-world financial inclusion and risk mitigation needs.

The goal is to generate actionable insights on how distributed ledger technology can strengthen financial infrastructure while maintaining compliance with regulatory frameworks.

Other partners at Qatar Digital Asset Lab such as The Hashgraph Association, are also working on five tokenization use cases.

Mantra Chain supported by Google Cloud announces new RWA projects in accelerator

Mantra Chain supported by Google Cloud announces new RWA projects in accelerator

After Mantra Chain with the support of Google Cloud launched the RWAcclerator, a start-up accelerator program designed to drive the development, innovation and adoption of real-world assets, it has now announced the seven projects selected from the 150 applications given received.

Supported by Google Cloud, the intention is also to empower builders and startups with investment capital, mentors, dedicated AI support and more, in what is proving to be a timely moment for the space. With the World Economic Forum projecting that by 2027, 10% of the world’s GDP – approximately $10 trillion – will be stored on blockchain networks, with RWAs playing a significant role in the transformation. 

Over 150 applications were received for the first cohort of the RWAccelerator, with seven selected projects coming together for a two day in-person summit during the week of TOKEN 2049 in Dubai. For a review of the selected projects and how they’ll be solving real world issues in their respective industries, read on.

The first project is Brickken, an institutional-grade, end-to-end tokenization platform that enables financial institutions, asset managers, and companies to tokenize and manage real-world assets (RWA) across global markets. Whether it’s private equity, credit, real estate, or infrastructure, Brickken provides the tools to digitize assets, manage them more efficiently, and unlock new financing opportunities. The platform supports regulatory alignment, increases transparency, and expands access to liquidity. With over $300 million in tokenized assets, more than 100 clients, and deployments in 16 countries, Brickken is enabling a more efficient, transparent, and accessible financial system.

The second one is Liquidstar which is building a network of solar-powered micro data centers (Waypoints) that provide off-grid communities with electricity, water, and internet infrastructure, while generating revenue by selling excess resources to local businesses and individuals. They are addressing the challenge of energy access and digital inclusion in emerging markets, where underserved populations struggle with unreliable energy sources and lack of connectivity. Their solution not only powers local economies but also integrates cutting-edge technologies like edge AI and blockchain to drive sustainability and economic growth.

As for the third startup to be accepted it is NestiFi, an AI driven child-friendly platform that unites traditional custodial accounts with blockchain-based investments and DeFi yield opportunities. Parents, grandparents, and friends can seamlessly pool funds—whether stablecoins, RWAs, or mainstream crypto—while kids learn the basics of finance through interactive lessons. 

The 4th startup is a real estate Investment Exchange that allows users to invest in real estate backed tokens, track earnings and receive payout directly from their dashboard. The name is Elevex.

The fifth is Juic3 Labsn and sixth is Loop RWA. Loop RWA is a crypto-enabled AI agent platform designed to automate enterprise workflows, starting with customer support. By deploying high-accuracy voice and chat AI agents, Loop RWA reduces labor costs and improves service quality for businesses in the EMEA region. The platform also tokenizes recurring SaaS revenues, enabling businesses to access non-dilutive capital while providing crypto lenders exposure to real-world revenue streams. Loop Smart is redefining enterprise automation with a blockchain-native approach.

Finally is Lympid a full-stack platform for launching, managing, and distributing tokenized investment products backed by real-world assets. From Horses, Luxury Watches, Cars, Art to T-bills and Real Estate, Lympid turns exclusive assets into compliant, fractionalized investment experiences available to the masses. Through its App it has already reached 10,000 users and over $10 million transaction volume and is now scaling via API and B2B integrations offering the entire lifecycle of tokenization, from asset onboarding to investor settlement.

@lympid_official

Over the course of the next month, each project will focus on building and deploying their solutions in the MANTRA Chain ecosystem. So too receiving support and advice across key elements including; smart contract development, tokenomics, market maker selection, listing processes, legal compliance and more. 

As part of the process, all dApps will first be deployed on the MANTRA Chain testnet for rigorous stability testing before making their official debut on the mainnet.

Simultaneously, we’ll also be sharing updates on each project, diving into their purpose, vision, and progress, with greater depth. 

Dubai VARA sees tokenization as a new kind of financial system

Dubai VARA sees tokenization as a new kind of financial system

Mathew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), recently noted on LinkedIn that the tokenization of real-world assets (RWAs) is no longer an experiment. He stated, “It’s happening right now.”

He explained how VARA views tokenization as more than a blockchain use case but rather as a structural shift and the foundation for a new kind of financial system. He explains, ” Everything from real estate and art to commodities and IP can be digitally represented, owned and exchanged in real time.”

He adds, “It’s a system of fractional ownership and near-instant settlement, where global markets are trustless, borderless, and always on. The illiquid can become liquid.”

He gives the example of BlackRock which sees tokenization as a democratization of investing. Its CEO Larry Fink envisions a world where every asset can be tokenized from stocks and bonds to entire funds.

The global tokenisation market was valued at $3.32 billion in 2024 and is projected grow to nearly $13 billion in 2032 – a CAGR of 18.3%.

He goes on to say that in Dubai, tokenized RWAs are a policy priority. He explains, “We’re building the infrastructure to make it all real – credible rules, secure frameworks, trusted intermediaries. We’re enabling the shift from analogue finance to digital ecosystems where anyone – regardless of size or geography – can participate, invest, and grow. Technology alone won’t deliver the future we want. It needs governance, credibility, guardrails, and trust.”

He notes that VARA is committed to creating a gold standard for oversight – a regulatory regime that’s clear, credible, and agile. “The idea is to protect without paralyzing. To not only supervise innovation, but to accelerate it.”

In his final words he says that Dubai intends to lead from the front.

Already Dubai has stated with the successful tokenization of real estate project with Dubai Land Department that happened a few weeks ago. In addition, the UAE Securities and Commodities Authority has licensed Emirates Coin Investment LLC (EmCoin) based out of Abu Dhabi UAE, as the first regulated integrated investment platform to offer both crypto investments as well as traditional assets such as equities, commodities, and even ICOs.

Regulated by the UAE Securities and Commodities Authority, Emirates Coin Investment will be able to serve the entire UAE.

Saudi Arabia Pilots tokenization with DroppRWA and RAFAL Real estate

Saudi Arabia Pilots tokenization with DroppRWA and RAFAL Real estate

DroppRWA, a sister company of Web3 technology provider DroppGroup, has partnered with Saudi Arabia’s real estate developer RAFAL Real Estate Co, to execute a Saudi Arabian pilot that would (RWA) tokenization real estate transaction. The pilot will serve as a national feasibility benchmark for the future of tokenized property markets in KSA.

The pilot built on blockchain and AI systems will allow Saudi citizens to have fractional ownership of high value real estate assets with amounts starting for as low as single-digit Riyals.

droppRWA will conduct a full feasibility study for property tokenization across RAFAL’s portfolio. A fully regulated proof-of-concept will be developed and executed, with RAFAL supplying live real estate assets for controlled transaction testing.

Faisal Al Monai, droppRWA co-founder and founder of DroppGroup stated, “This transaction marks a paradigm shift. Around the world, we are witnessing the greatest digital transformation of the 21st century, the transformation of capital itself. The mission of this partnership positions Saudi Arabia at the forefront of programmable economies, with real-world impact for every citizen ,starting at just 1 Riyal,you can “own a piece of Vision 2030.”

Al Monai, added, ” For institutional and global capital, this will be a fully regulated pilot that provides a secure on-ramp for institutional-grade Foreign Direct Investments (FDI) into Saudi Arabia. It merges stablecoin liquidity with sovereign-grade infrastructure, bringing real-world assets onto the blockchain with trust, speed and scale.”

Elias Abousamra, CEO, RAFAL Real Estate, “At RAFAL, we have always believed that real estate should be both aspirational and accessible. This partnership with droppRWA is not just about technology – it’s about democratizing real estate investment and creating a global platform for foreign direct investment into the promising Saudi market. For the first time, a young Saudi can own a piece of a premium development with just a few Riyals. That’s a powerful idea. Together with our partners, we are proud to pioneer a new model of ownership that speaks to the inclusive and innovative spirit of Vision 2030.

DroppGroup offers an AI quantum resilient platform

In 2017, Faisal co-founded droppGroup, an enterprise Web3 and AI infrastructure company based in Miami, which was embedded in the Middle East’s digital transformation. droppGroup’s flagship product, droppOne, is an AI-native, quantum-resilient infrastructure platform designed for governments and enterprises to operate in a world where AI agents transact, identities are decentralized and economies no longer need intermediaries.

It has deployments spanning the governments of Saudi Arabia andQatar, Saudi Aramco, Cisco and Oracle, utilized for digital ID, AI agents negotiating real-time contracts, real world assets like energy being tokenized and national data rails stitched into smart city backbones.

At its core, droppOne enables a new kind of economy. Its architecture supports >500,000 TPS, seamlessly bridges on-premise enterprise environments with public blockchains. Every AI agent has a wallet. Every transaction is programmable. Every interaction – sovereign.

In 2023 Saudi oil giant Aramco entered a collaboration agreement with droppGroup, a US-based company with operational hubs in Canada and Saudi Arabia. The partnership entailed that Aramco and droppGroup work together on deploying the latter’s proprietary Web3 technology to support the Saudi Vision 2030 quality of life program. The companies worked to develop a range of innovative Web3 solutions to benefit Aramco employees, including an on-boarding and training ecosystem, a tokenized network, and a rewards program.

The partnership also intended to explore creating a global tokenised network connecting all Aramco stakeholders.

Recently Faisal Al Monai was at Aramco with Tether, the issuers of USDT. On LinkedIn he noted, “A great feeling representing droppGroup and Tether.io meeting with aramco – The digital economy is the future and the future is here. Real World Asset tokenization transforms today’s capital into tomorrow’s value and profit.”