Qatar Financial Center has published a report discussing the future of digital assets, noting the need for a coordinated regulatory framework and multi-stakeholder cooperation to unlock the potential of real-world asset (RWA) tokenization in the future. The report notes that Qatar has plans to work on stablecoin implementation in the future.
The report, written in collaboration with Global Stratalogues and the Global Blockchain Business Council, gathers insight from experts on what will be needed to ensure a successful development of token ecosystems that are inclusive and ready for the future. To achieve this, they believe it hinges on cross-border regulatory alignment, strategic infrastructure investment, and public-private collaboration.
QFC releases report on global tokenization strategy
The findings also revealed that tokenization, when integrated within a straightforward policy framework, can expand market access, enhance financial inclusion, and deliver the best value across economies. The discussions in the report also highlighted that while regulatory alignment is emerging, it is still uneven as legal definitions and compliance requirements vary across jurisdictions.
The report also noted that infrastructure and interoperability should be prioritised and calls for institutional sandboxes and global standards. Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, believes that tokenization can unlock real value by making assets more accessible and easier to transfer. “To realize 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,” he said.
Qatar wants selective crypto adoption
Discussing the practical application of digital assets, Henk Hoogendoorn, QFC’s Chief Financial Sector, said, “Tokenization must serve a purpose. It should democratize access and create real-world value. Qatar is committed to making tokenization of real-world assets a success.” He also outlined Qatar’s approach to digital asset development, noting the country’s position on crypto restrictions. He noted that the official policy is that “Crypto is a no-go for now,” as previously stated by the QFC CEO during the Qatar Economic Forum this year.
Meanwhile, he added that there would be selective crypto adoption, likely beginning with stablecoins. In terms of regulatory coordination, Hoogendoorn explained that it would be a joint effort between the Qatar Central Risk Authority and the Central Bank of Qatar. Qatar has plans to incorporate tokenization into the investment sector in areas like private equity, Sharia-compliant digital asset mechanisms, and Murabaha structure automation, which would allow for secondary market liquidity through token trading.
The strategy is also expected to help venture capital with early exit opportunities for investors. Companies in the blockchain sphere have participated in Qatar’s Digital Asset Labs, including R3, SettleMint, and The Hashgraph Association. According to an announcement in 2025, The Hashgraph Association said they are exploring five use cases within the next 12 months, in the areas of equity tokenization, Sukuk Islamic Bonds tokenization, real estate tokenization, sustainability ESG Carbon credits, as well as consumer engagement and loyalty programs.
