As part of the UAE securty token offering in the realm of realestate , and the increased cooperation between China and UAE, UAE Gawah Holdings acwuires equtiy stake in MAS Capital Universal Exchange ( MAS Capital Universal Exchange’s (MASEx) which is working on tokenization of assets. Gawah Holdings and MASEx are also forming a joint venture to obtain the applicable licensing once onshore regulation is passed in the UAE and in the Kingdom of Saudi Arabia (KSA).
MASEx plans to tokenize and list prime real estate in the UAE through Digital Security Offerings (DSO) to enable access by Asian and Chinese investors for fractionalized secondary trading. Currently digital security offering is not allowed in Mainland China, but it is legal in Hong Kong, Taipei, and many other jurisdictions. MASEx prohibits US investors from using its platform for regulatory reasons.
Gawah Holdings, with its flagship subsidiary GCC Royals, has a three-member founding team of shareholders coming from business, banking and sovereign entity related backgrounds. They are led by Muhammad Nawaz Khan Jadoon, who has a long history of real estate development in the UAE and Southeast Asia, along with related conventional financing, and who decided early on to begin investigation into the tokenization space.
With that in mind, the team has taken and continues to acquire strategic ownership in various entities related to the blockchain space with the vision to create a full-service, vertically-integrated business from development to alternative capital markets finance.