Mantle launches DFSA-approved tokenized money market fund onchain
DMZ Finance and Mantle Community have formally launched the world’s first tokenized cash market fund onchain, with the Dubai Monetary Providers Authority (DFSA)-approved QCDT going dwell on Mantle.
The announcement comes almost two months after Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, added help for QCDT.
Bybit grew to become the primary crypto change to make the transfer, disclosing a partnership with QNB Group and DMZ Finance to combine a DFSA-approved tokenised cash market fund as collateral.
QCDT now expands to Mantle’s scalable layer-2 infrastructure because the crypto house witnesses additional integration of decentralized finance (DeFi) and institutional-grade property. MNT, the native Mantle token, was up almost 3% amid the information.
Mantle brings a DFSA-approved tokenized cash market fund onchain
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DMF Finance mentioned in its announcement that it was working with Mantle and Bybit to deliver QCDT onchain.
The objective is to permit for additional adoption of QCDT, a regulated, yield-bearing token backed by Qatar Nationwide Financial institution, DMZ Finance, and Customary Chartered.
The MMF provides entry to institutional-grade publicity of onchain finance, the agency famous.
Deployment on Mantle’s modular L2 chain comes amid market demand for real-world asset merchandise delivered onchain.
“At DMZ Finance, our mission is to make real-world property accessible in digital kind,” mentioned Nathan Ma, co-founder and chairman of DMZ Finance.
Working with Mantle and Bybit demonstrates how tokenization can deliver innovation to institutional markets whereas bridging liquidity and entry for extra TradF and Web3 buyers.
By leveraging Mantle’s structure, the tokenized MMF achieves near-instantaneous settlement occasions and minimal transaction charges, whereas sustaining the safety of Ethereum’s base layer.
Within the case of adoption, customers will work together with the fund by means of DMZ Finance’s regulated platform within the Dubai Worldwide Monetary Centre (DIFC).
“Tokenized cash market funds like QCDT symbolize a foundational bridge between conventional finance and DeFi,” mentioned Belle, head of enterprise improvement at Mantle.
By leveraging Mantle’s modular infrastructure, we’re enabling compliant, high-value property to maneuver onchain, setting the stage for scalable institutional adoption.
Central to the product’s success is the groundbreaking DFSA endorsement, secured in December 2024 and reaffirmed by means of ongoing audits as of November 2025.
Mantle, DMZ eye extra traction
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In keeping with particulars, the collaboration between DMZ Finance and Mantle is barely beginning. The companies envision a broader ecosystem of tokenized property, and plans embrace onboarding further funds.
Euro-denominated MMFs are within the pipeline, as are integrations throughout the ecosystem to spice up world attain.
The companions purpose to help over $500 million in tokenized RWAs on Mantle, concentrating on underserved segments like household workplaces and sovereign wealth funds searching for diversified, compliant portfolios.
Mantle boasts over $4 billion in community-owned property onchain, whereas native token MNT not too long ago acquired a serious enhance with a key Anchorage Digital integration.
Aside from Anchorage and DMZ Finance, initiatives with important ecosystem partnerships involving Mantle embrace Ethena, Ondo, OP-Succinct, and EigenLayer.
