Global Fund Management Segment Gets Push from ZIGChain and Apex Group via Tokenization Efforts
ZIGChain and Apex Group Launch Pioneering Blockchain-Based Fund Ecosystem in Dubai
In a groundbreaking development, a new regulated blockchain-based ecosystem for fund tokenization has been launched in Dubai, marking the first of its kind in the Middle East. The collaboration between ZIGChain and Apex Group aims to revolutionize the traditional asset management industry by tokenizing real-world assets (RWA) on the ZIGChain blockchain.
The new ecosystem is designed to provide a modular, Sharia-compliant infrastructure for issuing and managing trillions of tokenized funds. By tokenizing entire fund units instead of individual assets, the platform makes blockchain integration more practical for large financial institutions. This move is expected to lead to faster settlements, reduced costs, higher transparency, and full regulatory compliance.
ZIGChain, which holds a regulatory license for RWA fund tokenization from the Dubai International Financial Centre (DIFC), is at the forefront of this innovation in the MENA region. The platform reflects and supports a broader shift in institutional finance towards adopting blockchain infrastructure for fund operations, modernizing traditional asset management practices.
The asset management industry, with $128 trillion in assets globally as of 2024, is a primary target for this on-chain transformation. Dubai, positioned as an innovation hub, is likely to grow further as more institutions recognize the advantages of blockchain-integrated fund ecosystems.
Apex Group, a global fund administrator with $3.4 trillion in assets, is partnering with ZIGChain to introduce this regulated, blockchain-based ecosystem for fund tokenization. The solution is intended to cater to institutional investors seeking both innovation and adherence to financial regulations.
Zamanat has committed to structuring more than $3 billion in tokenized fund offerings through the new platform. Other financial organizations are reportedly evaluating participation in the alliance, suggesting wider adoption across multiple markets.
The new infrastructure is designed as a modular system that complies with Shariah principles, offering an accessible and secure framework for launching tokenized funds. Initiatives like this may become central to bridging traditional finance with decentralized technologies.
Apex Group views the partnership as a strategic extension of its mission to modernize and increase efficiency in global fund administration. The strategy focuses on reducing operational friction while maintaining high standards of regulatory compliance. The consortium includes Truleum Venture Partners, Zamanat, Tokeny, and Apex Group, with each member bringing unique expertise to the table.
This development signals a significant adoption of distributed ledger technology at infrastructural levels by traditional finance players, potentially reshaping asset management on a global scale. Dubai's supportive regulatory framework positions it as a global hub for blockchain-based fund tokenization, drawing institutional capital on-chain.
- The partnership between ZIGChain and Apex Group is aimed at revolutionizing the business world, particularly the finance industry, by integrating technology into traditional asset management through the use of blockchain for fund tokenization.
- By leveraging blockchain technology, the new regulated fund ecosystem launched by ZIGChain and Apex Group aims to tokenize real-world assets on the ZIGChain blockchain, potentially leading to faster settlements, reduced costs, higher transparency, and full compliance with financial regulations.
