DMCC has entered a significant partnership with Crypto.com, focused on accelerating tokenisation in the global commodities market and laying the groundwork for advanced trade infrastructure. This collaboration was formalized through a newly signed Memorandum of Understanding (MoU) and aims to leverage blockchain technology to enhance the modernisation of commodities trading.
The partnership targets the reduction of settlement friction, improvement in price transparency, and expansion of market access across critical sectors including precious metals, diamonds, energy, and agri-commodities. As a component of this agreement, DMCC and Crypto.com will evaluate the feasibility of listing tokenised commodities on the Crypto.com Exchange, contingent upon regulatory approvals and compliance with necessary listing requirements.
Additionally, the partnership will look into various custody frameworks, models for liquidity facilitation, and the integration of digital-asset payments across DMCC’s digital platforms and selected member scenarios.
Ahmed Bin Sulayem, executive chairman and CEO of DMCC, emphasized the transformative potential of tokenisation in modernizing the financing, trading, and settlement processes in commodities. He stated, “For a sector that still relies on legacy systems and slow settlement cycles, the ability to move real assets on-chain is a practical step toward a more efficient trading environment.” He expressed confidence that this collaboration would explore valuable applications for the secure issuance and management of tokenised commodities, while also introducing innovative models for custody, liquidity, and payments.
The partnership will also concentrate on ecosystem development and educational initiatives. Crypto.com plans to collaborate with the DMCC Crypto Centre to launch workshops, hackathons, and capacity-building programs to support responsible innovation and foster institutional adoption within Dubai’s burgeoning Web3 sector.
Eric Anziani, president and COO of Crypto.com, stated, “Tokenised real-world assets represent one of the most significant advancements in the digital economy,” and noted that working with DMCC—a leader in trade facilitation—offers a robust platform to explore these advancements responsibly and on a large scale.
Mohammed Al Hakim, president and general manager for MEA at Crypto.com, added that collaborating with DMCC will enhance Dubai’s digital asset ecosystem and provide innovative integrations between blockchain technology and traditional financial infrastructures.
This agreement signifies an extension of DMCC’s broader digital asset strategy, which includes its recent partnership with the Virtual Assets Regulatory Authority (VARA). This partnership aims to develop compliant, scalable infrastructure for tokenised commodities, reinforcing Dubai’s position as a global hub for regulated digital assets and the tokenisation of real-world assets.
DMCC, which hosts over 26,000 companies in sectors such as energy, precious metals, diamonds, agri-commodities, and technology, continues to play a vital role in global trade flows. Its extensive technology ecosystem, consisting of more than 3,400 firms, serves as a robust platform for cross-sector innovation and the practical application of blockchain technology in real-world scenarios.
