As regulations reshape the digital asset industry, Dubai Multi Commodities Centre (DMCC) has shaken hands with the Virtual Regulatory Authority (VARA), this time, to turbocharge tokenization of real-world assets (RWAs). The DMCC’s Crypto Centre, a hub for Web3-based companies, shared on social media that the partnership aims to accelerate “tokenization of commodities and advance the region’s digital asset ecosystem.”
Tokenization race heats up
The global market value of RWA tokenization has witnessed unprecedented growth, reaching nearly $27 billion in August 2025, which is a 70% growth since the beginning of the year. Amid this surge comes a bold partnership with a moonshot goal: to “advance global infrastructure for tokenized commodities.”
Commodities considered for tokenization under the DMCC and VARA partnership include Gold, diamonds, and other highly valuable commodities.
With VARA’s world-class regulatory oversight and DMCC’s 26,000-member network and deep commodities expertise in blockchain and Web3, the global trade hub is creating a “secure, scalable framework to tokenise assets such as gold, diamonds and other high-value commodities,” said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC.
Meanwhile, for Matthew White, CEO of VARA, the joint venture is a blueprint for the future of finance: “Global benchmarks for how physical and digital markets converge.”
One of the growing sectors in Dubai’s digital asset industry is RWA tokenization. Recently, Dubai Land Department (DLD) launched a tokenized real estate initiative, enabling the digital representation of property ownership.
