ZigChain acquires strategic stake in Dubai based asset manager Truleum

ZIGChain,a Layer 1 blockchain for Wealth generation infrastructure, in partnership with Disrupt.com, has acquired a strategic stake in Truleum, a Dubai Financial Services Authority (DFSA)-licensed fund manager holding one of…
ZigChain acquires strategic stake in Dubai based asset manager Truleum

ZIGChain,a Layer 1 blockchain for Wealth generation infrastructure, in partnership with Disrupt.com, has acquired a strategic stake in Truleum, a Dubai Financial Services Authority (DFSA)-licensed fund manager holding one of the region’s few regulatory approvals explicitly covering tokenized funds.

As per the announcement, the deal positions ZIGChain to host the first institutional-grade, Sharia-aligned tokenized fund from the DIFC, establishing it as a first mover in a jurisdiction that has become a hotbed of fund activity with 10,000 plus registered funds managing $700 billion. For now, participation will be limited to institutional and professional investors, with the potential for broader inclusion in the future.

“Dubai and the UAE have established themselves as the epicenter of digital asset innovation, and this investment anchors ZIGChain right at the heart of it,” said Abdul Rafay Gadit, Co-Founder of ZIGChain. “Working alongside Truleum and our ecosystem partners, we are building the rails for a new generation of investment products that meet the highest global standards while also reflecting the region’s growing demand for Sharia-aligned and fully transparent structures.”

Dolly Ramaiya, Founder and CEO of Truleum Partners, added, “We founded Truleum to build fund infrastructure that is digital by design, transparent by default, and globally accessible. By joining forces with ZIGChain and Disrupt.com, we are bringing that vision to life, combining DIFC’s global credibility with the possibilities unlocked by blockchain technology.”

Prior to this announcement, QNB Group ( Qatar National Bank), Standard Chartered and DMZ Finance, an RWA tokenization infrastructure provider, officially launched the Dubai International Financial Centre’s (DIFC) first regulated tokenized money market fund, the QCD Money Market Fund (units in QCDT). In July QNB had announced that the fund had been licensed.

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