<ul><li>The Dubai Financial Services Authority (DFSA) has launched a Tokenization Regulatory Sandbox in an effort to address slow adoption rates in the industry.</li><li>The initiative aims to invite companies to explore and test tokenized investment products and services in a controlled environment at the Dubai International Financial Centre (DIFC).</li><li>The DFSA is targeting firms already authorized by the DFSA and looking to expand into tokenization, as well as those engaged in tokenization-related financial services.</li><li>The sandbox will operate in two stages, with interested firms first expressing their interest and then selected firms testing their offerings in the sandbox under the supervision of the DFSA.</li></ul>

Dubai Financial Services Authority Addresses Slow Adoption Rates With Tokenization Initiative

Discover more