Qatar Financial Centre Calls for Action on Asset Tokenisation

The Qatar Financial Centre (QFC) has recently emphasized the importance of advancing real-world asset tokenisation in a new report. Released in Doha, the report outlines a framework for developing digital assets, stressing the need for coordinated regulatory approaches and collaboration among stakeholders to fully realize the potential of tokenisation.

Developed in partnership with Global Stratalogues and the Global Blockchain Business Council (GBBC), the report reflects discussions from the inaugural Digital Assets Policy Roundtable. It includes insights from global experts who argue that the creation of inclusive and future-ready token ecosystems relies on cross-border regulatory alignment, strategic infrastructure investment, and cooperation between public and private sectors.

Key Findings on Tokenisation

The findings underscore that tokenisation can enhance market access, promote financial inclusion, and provide significant economic value when integrated within a coherent policy framework. Several key themes emerged during the roundtable discussions:

• Global Regulatory Alignment is Emerging—But Uneven: Legal definitions and compliance requirements regarding tokenisation vary widely across different jurisdictions.
• Pragmatism Over Perfection: As tokenisation remains in its early stages, prioritization of infrastructure and interoperability is crucial.
• Financial Inclusion and Market Access: Tokenised structures are making capital more accessible for underserved regions and micro-enterprises.
• Liechtenstein as a Legal Blueprint: A civil law definition of tokens in Liechtenstein provides a level of legal certainty that is unmatched in many jurisdictions.
• Call for Institutional Sandboxes and Global Standards: Qatar’s regulatory sandbox is noted as a global best practice for fostering innovation.

Yousuf Mohamed Al-Jaida, Chief Executive Officer of QFC, highlighted the potential of tokenisation to unlock real value, stating, “Tokenisation can unlock real value by making assets more accessible and easier to transfer. To realise this potential, we need a clear system that combines robust regulation, secure custody, and practical application. This will create a trusted environment that enables institutional adoption and drives sustainable market growth.”

Commitment to Practical Application

Furthermore, Henk J. Hoogendoorn, Chief Financial Sector Officer at QFC, stressed the necessity of practical applications for digital tokens. “Tokenisation must serve a purpose,” he remarked. “It should democratise access and create real-world value. Qatar is committed to making tokenisation of real-world assets a success.”

The QFC’s report serves as a call to action for global stakeholders to collaborate in establishing a balanced regulatory environment that fosters innovation while ensuring compliance and security. As the landscape of digital assets evolves, Qatar positions itself as a key player in the advancement of asset tokenisation, aiming to leverage its strategic advantages for economic growth.