The Qatar Financial Center (QFC) has released a report emphasizing the need for coordinated regulatory frameworks and multi-stakeholder cooperation to develop real-world asset tokenization.
Overview of the Tokenization Report
The report, prepared in partnership with Global Stratalogues and the Global Blockchain Business Council, captures insights from global experts on facilitating successful token ecosystems. Key areas include regulatory alignment across jurisdictions, strategic infrastructure investment, and collaboration between public and private sectors.
Qatar's Digital Asset Strategy
Katar plans to implement stablecoins within its strategies while avoiding general cryptocurrency use. Joint efforts with the Qatar Central Bank and other organizations highlight their commitment to establishing secure infrastructure for tokenization, aiming to enhance secondary market liquidity and support venture capital.
Market Potential for Tokenization
According to a report by Ripple and BCG, the market for tokenized real-world assets is projected to grow to USD 18.9 trillion by 2033. Tokenization is seen as an important bridge between traditional finance and decentralized finance.
The Qatar Financial Center is advancing the tokenization of real assets as a key means to expand market access and enhance financial inclusion. Strong collaboration between private and public sectors is essential for establishing a sustainable digital asset ecosystem.
