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Mantle and DMZ Finance jointly announced the official deployment of the DFSA-compliant on-chain tokenized money market fund QCDT to the Mantle Network.

2025-11-12 06:51

According to official sources, Mantle has announced a partnership with DMZ Finance and Bybit to officially deploy QCDT on Mantle Network's modular Layer-2 infrastructure. QCDT is a tokenized money market fund approved by the Dubai Financial Services Authority (DFSA).

QCDT is a money market fund token jointly launched by Qatar National Bank, DMZ Finance, and Standard Chartered Bank. It is grouped with BUIDL and BENJI as "BBQ: Leading Global Tokenized Money Market Funds." Bybit has previously accepted QCDT as collateral to provide institutions with lending capacity of up to $1 billion.

Mantle recognizes the strategic importance of QCDT as a bridge between traditional finance and DeFi, and is accelerating the on-chaining of compliant high-value assets through modular infrastructure. This collaboration marks a significant milestone for Mantle's Real-World Asset (RWA) strategy.