What's Happening?
The Gulf Cooperation Council (GCC) is poised to unlock nearly $500 billion in value through real-world asset tokenisation by 2030, according to a report by Kearney and Ctrl Alt. The report highlights the rapid adoption of digital assets in the region,
transitioning from concept to execution. The UAE leads the charge with advanced regulatory frameworks, while other GCC countries like Saudi Arabia, Bahrain, Qatar, and Oman are developing their own infrastructures. Tokenisation is expected to enhance liquidity, reduce investment thresholds, and streamline processes in private markets, real estate, and funds.
Why It's Important?
The growth of the tokenisation market in the GCC signifies a major shift towards digital asset integration in financial systems. This development could revolutionize investment strategies, offering more accessible and efficient options for investors. The UAE's leadership in this area reflects its commitment to innovation and economic diversification. As tokenisation becomes more prevalent, it could attract significant foreign investment and bolster the region's financial markets. The regulatory openness and institutional engagement in the GCC are key factors driving this transformation, potentially setting a precedent for other regions.
