Crypto.com and DMCC Set to Advance Tokenized Commodities Trade
Crypto.com, a globally recognized crypto trading platform, has declared its strategic partnership with Dubai Multi-Commodities Centre (DMCC), a leading international business district that drives the flow of global trade via Dubai. The primary purpose of this partnership is to advance global commodities trading, making it more efficient, transparent, and accessible trade infrastructure for the next generation.
Crypto.com is working efficiently in the market and is known as a trusted crypto trading platform among other platforms. Both partners have signed a Memorandum of Understanding (MoU) to honestly use their abilities and resources for the monitoring of blockchain technology, working to reduce settlement friction. They unified on the same point, which is to improve transparency and expand market access across major commodities segments. Crypto.com has released this news through its official X account.
Crypto.com Partners with DMCC to Explore Tokenized Commodities on Blockchain
Crypto.com and DMCC alliance is designed to acknowledge users about the working of blockchain technology, and how blockchain-enabled applications are used in global commodities trade. In addition, both parties evaluate the possibilities of tokenized commodities could be listed on the Crypto.com exchange. On the other hand, they are converting real-world commodities into digital tokens on a blockchain to meet the digital demands of the market.
Tokenizing Real-World Assets (RWA) to Shape Next Era of Global Trade
Today, the world is growing rapidly, with advances in technology day by day, for the benefit of people and reducing human efforts for any work. At this point, Ahmad Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, expressed his thoughts.
He said, “By partnering with Crypto.com, we will explore high-value applications ranging from the secure issuance and management of tokenized commodities to new models for custody, liquidity, and digital asset payments, reinforcing the foundations for the next evolution of global trade. This work positions Dubai firmly at the center of that transition.”
In response, Eric Anziani, President and Chief Operating Officer, Crypto.com, said, “Tokenized real-world assets represent one of the most significant advancements in the digital economy. Working with DMCC – a global leader in trade facilitation and an established hub for innovation – provides an exceptional platform to explore these opportunities responsibly and at scale. Together, we aim to advance infrastructure that supports the next chapter of tokenization, global trade, and digital financial services.”
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