Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.

Stobox Joins Qatar Financial Center Digital Assets Lab

Stobox Joins Qatar Financial Center Digital Assets Lab

Stobox aims to contribute to country’s formation as a global leader in tokenization

Stobox, one of the leading global tokenization platforms, became a member of Qatar Financial Center Lab  the most prestigious and recognized Digital Asset Association in the MENA region. The goal of this partnership is to boost tokenization in the country.

Qatar is a country where tokens can legally proclaim property rights on real-world assets, which is very promising in terms of tokenization and global economic development. As Stobox works across the world, it will transmit Qatar’s success and experience in tokenization to other countries.

Financial Technology Insights: SBI Digital Markets, UBS, Chainlink Complete Pilot for Smart Contract Fund Admin

Qatar and Stobox already have an impressive success story behind tokenizing the largest shrimp farm in the world. Now, they pursue the tokenization of various types of assets within the eyesight. It will secure a significant financial outcome for the Qatar economy, accelerating its GDP growth.

Qatar pursues the ambition to lead the tokenization across the MENA region. There are a number of reasons behind MENA’s future success in tokenization. The success of tokenization is closely tied to the expansion of its underlying assets, and MENA’s economy is thriving across multiple sectors ripe for tokenization. Real estate, aquaculture, food production, energy, and renewables are all experiencing impressive growth. Tokenization can provide these industries with more liquidity, fractional ownership, and increased global investor participation, further accelerating their expansion.

Financial Technology Insights: Paxos to Acquire Finnish E-Money Institution Membrane Finance

“We identify three major pillars driving Real-World Asset tokenization growth in Qatar. First, the country offers a diverse array of valuable assets and business opportunities. Second, there is a well-developed investment and financial ecosystem with substantial capital available for tokenization. Third, regulatory authorities are actively supporting tokenization initiatives, creating a favorable environment for long-term growth. We value Qatar’s Financial Center stance on tokenization and aim to make the country a bedrock for all the future success of tokenization across the world.” – said Ross Shemeliak, COO and Co-Founder of Stobox.

To participate in our interviews, please write to our CyberTech Media Room at news@intentamplify.com

source – businesswire

Share With
Contact Us