DMCC, Crypto.com drive push for commodities tokenisation

Dubai's DMCC is deepening its drive into the tokenised economy through a new strategic partnership with global cryptocurrency platform Crypto.com, aiming to modernise how commodities are traded, financed and settled across international markets.

- Khaleej Times Staff [e-mail]

The agreement brings together the world's largest free zone and commodities hub with one of the most recognised names in digital assets. Under a newly signed Memorandum of Understanding, the collaboration will examine how blockchain can streamline operations across major commodities segments — including precious metals, diamonds, energy and agricultural products by reducing settlement friction, improving price transparency and opening access to wider pools of market participants.

A key focus of the partnership is assessing whether tokenised commodities could eventually be listed on the Crypto.com Exchange, subject to regulatory approvals and the exchange's existing listing requirements. The two organisations will also jointly explore digital asset custody models, liquidity-facilitation mechanisms, and the potential for digital-asset payments across DMCC digital platforms and selected member use cases.