DMCC & Cryptocom Partner to Advance Tokenized Trade, Echoing Bin Sulayem’s Vision
Dubai’s DMCC has entered a strategic partnership with cryptocurrency platform Crypto.com to advance tokenization across global commodities and lay the groundwork for next-generation digital trade infrastructure.
The collaboration, formalized through a Memorandum of Understanding, aims to explore blockchain-enabled solutions that reduce settlement friction, enhance price transparency, and expand market access across commodities including precious metals, diamonds, energy, and agricultural products.
The initiative also includes evaluating tokenized commodities for listing on the Crypto.com Exchange, developing custody and liquidity models, and exploring digital-asset payment mechanisms across DMCC’s platforms and member use cases. It builds on DMCC’s ongoing collaboration with the Dubai Virtual Assets Authority (VARA), which provides regulatory oversight and global credibility for tokenized real-world assets.
Ahmed Bin Sulayem, DMCC’s Executive Chairman and CEO, has long positioned blockchain and tokenization as tools to modernize trade. In a recent interview with UNLOCK Blockchain, he emphasized that DMCC’s approach is grounded in practicality: “Tokenization is simple. Liquidity is not. We build ecosystems and let markets form.” His perspective highlights the partnership’s focus on enabling real, demand-driven markets rather than speculative or artificially created ones.
This philosophy underpins DMCC’s broader strategy with FinX, the new financial centre designed to address gaps in global commodity financing. FinX formalizes the capabilities that the market had already developed organically, providing infrastructure for trade, custody, and settlement while VARA ensures regulatory trust and compliance. According to Bin Sulayem, the combination of ecosystem and oversight “is what gives tokenization its first real foundation in Dubai.”
The partnership with Crypto.com also emphasizes education and capability-building, with planned workshops, hackathons, and technical programmes aimed at helping institutional players understand and responsibly adopt tokenized asset models. As Bin Sulayem explained, DMCC’s role is not to predict the future but to enable solutions that the traditional financial system has overlooked.
Eric Anziani, President and COO of Crypto.com, described tokenized real-world assets as “one of the most significant advancements in the digital economy,” while Mohammed Al Hakim, Crypto.com UAE General Manager, highlighted the opportunity to integrate blockchain innovation with established financial infrastructure.
With over 26,000 companies spanning commodities, energy, technology, and finance, DMCC remains at the intersection of trade and innovation. Its ecosystem, which includes more than 3,400 technology firms, provides a practical environment for implementing blockchain across real-world trade systems.
As Bin Sulayem noted, the goal is not to compete but to fill gaps in the global financial system, enabling Dubai to lead the tokenized trade economy while allowing global markets to adapt at their own pace.
