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DMZ Finance and Mantle Launch World’s First DFSA-Approved Tokenized Money Market Fund On-chain

DMZ Finance and Mantle Launch World’s First DFSA-Approved Tokenized Money Market Fund On-chain

DeFi PlanetDeFi Planet2025/11/12 14:03
By:DeFi Planet

Quick Breakdown 

  • DMZ Finance and Mantle launch QCDT, the first DFSA-approved tokenized money market fund on Mantle’s Layer-2 blockchain.
  • Bybit accepts QCDT as collateral, providing up to USD 1 billion in borrowing capacity for institutional investors.
  • QCDT bridges TradFi and DeFi, offering regulated, yield-bearing assets and expanding on-chain institutional adoption.

 

DMZ Finance, in partnership with Mantle and Bybit, has launched QCDT, the world’s first Dubai Financial Services Authority (DFSA)-approved tokenized money market fund (MMF), on Mantle Network’s modular Layer-2 blockchain. Co-launched with Qatar National Bank and Standard Chartered, QCDT provides institutional investors with on-chain, regulated exposure to real-world yield while bridging decentralized finance (DeFi) and traditional finance (TradFi).

QCDT joins the ecosystem of leading tokenized money market funds, including BUIDL and BENJI, collectively referred to as the “BBQ.” The fund leverages DMZ Finance’s tokenization expertise, Mantle’s scalable Layer-2 infrastructure, and Bybit’s global exchange network to bring compliant, yield-bearing assets onchain, opening new pathways for institutional capital in the crypto ecosystem.

Mantle is accelerating institutional onchain adoption. @DMZ_Finance ’s $QCDT , the world’s first DFSA-approved tokenized money market fund, is now live on Mantle.

Real yield, real compliance, real adoption. pic.twitter.com/1yRrA7wXjs

— Mantle (@Mantle_Official) November 12, 2025

Institutional yield and on-chain collateral

Bybit has become the first global exchange to accept QCDT as margin collateral backed by U.S. Treasuries. Qualified institutions can deploy tokenized MMF units to access up to USD 1 billion in borrowing capacity, enabling participation in on-chain yield strategies within a regulated framework. Belle, Head of Business Development at Mantle, said,

“Tokenized money market funds like QCDT are foundational bridges between TradFi and DeFi, enabling compliant, high-value assets to move onchain.”

Advancing tokenized finance and institutional adoption

QCDT combines the security of regulated financial instruments with the efficiency of blockchain technology. Nathan Ma, Co-founder of DMZ Finance, emphasized that the collaboration

demonstrates how tokenization can bring innovation to institutional markets while bridging liquidity and access for TradFi and Web3 investors.” 

Mantle’s deployment of QCDT strengthens its Real-World Asset (RWA) strategy, positioning the network as a Layer-2 solution for institutional-grade yield instruments and compliant on-chain liquidity. The launch marks a milestone in tokenized finance, providing institutional investors with a regulated pathway to participate in DeFi while expanding the adoption of crypto-based, yield-bearing assets.

In parallel, Mantle has partnered with Anchorage Digital to enable secure institutional custody of its native token, $MNT, on Ethereum, further integrating regulated financial institutions into its expanding on-chain economy and solidifying its role as a hub for institutional-grade RWAs.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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