Dubai’s DMCC and Blockmaze Join Forces to Tokenise Global Assets

Editorial Team

Last updated 13-11-2025

3 min

Dubai aims to become a hub for tokenised assets with UAE's Digital Economy Strategy.

DMCC and Blockmaze are collaborating to trade/tokenise traditional assets like gold and property on blockchain.

The initiative aligns with UAE’s goal for 20% of GDP from digital business by 2031.

They focus on transparency and rapid transactions while maintaining regulatory safeguards.

Dubai's ambition is to lead in digitising high-value assets, setting a new digital trade standard.

Dubai’s journey to become a global hub for tokenised assets just took another interesting turn. The Dubai Multi Commodities Centre (DMCC) has been in talks with **Blockmaze**, a blockchain platform under **Finvasia Group**, about collaborating on new frameworks for digital trade and real-world asset tokenisation. It might sound a bit niche, but in plain terms, both sides are looking at how traditional assets—think gold, property, even commodities—can be recorded, traded, and settled on blockchain systems regulated within the UAE’s legal setup.

What caught my attention was the sheer scale of their ambition. The UAE government has been betting big on tokenisation as part of its **Digital Economy Strategy**, with targets for 20 per cent of GDP to come from digital business by 2031. The Dubai Land Department recently forecast that tokenised real estate could make up around 7 per cent of the city’s property market by 2033—roughly **Dh60 billion**, give or take. Quite something, right?

The meeting between DMCC and Blockmaze was held under the **UAE Ministry of Foreign Trade’s NextGen FDI initiative**, which aims to attract innovative foreign investment. The discussions revolved around ways to embed transparency and near-instant transactions into DMCC’s trading infrastructure—particularly its **Tradeflow platform**—without compromising on regulatory safeguards.

**Ahmad Hamza**, DMCC’s Chief Free Zone Affairs Officer, said the organisation was always open to collaboration with technology-forward enterprises that share Dubai’s innovation-based growth mindset. He praised the potential of working with Finvasia and Blockmaze to blend technology with regulatory structure—something that, if I’m honest, is spot on given how trust and compliance are becoming the backbone of digital trade.

From the Blockmaze camp, **Tajinder Virk**, Co-Founder and CEO of Finvasia Group, described Dubai as an “ideal foundation” for sovereign and institutional tokenisation. Blockmaze itself is what’s known as a **Layer-1 blockchain**—basically, it’s built from the ground up to support other systems rather than run on top of existing ones. It’s aimed squarely at financial institutions looking to issue and manage tokenised assets securely and transparently.

I remember when I first walked through the DMCC offices a couple of years ago—seeing how rapidly the ecosystem was evolving. Everyone was buzzing about gold and coffee trades at the time, not digital tokens. Now, that same forward-looking spirit seems to be driving discussions like this.

All said, I reckon this push from DMCC and Blockmaze isn’t just about technology. It’s also about narrative—proving to global investors that the UAE is ready to lead in digitising high-value assets, not just host them. And believe it or not, while all this innovation can be a bit of a faff to regulate, it’s also laying down the rails for what could become a new digital trade infrastructure across the region.

DMCC and Finvasia haven’t unveiled any formal partnership yet, but given how fast the UAE’s digital economy is accelerating, it wouldn’t be surprising if something concrete appeared soon. After all, as I often tell startups in Arageek circles, when Dubai sets its sights on an industry trend… it usually means business. And I’m personnally quite chuffed to bits that such moves could open new doors for MENA-based innovators looking to plug into the global digital trade grid.

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