Zand Bank PJSC and MANTRA, a blockchain platform, have signed an MOU to facilitate the tokenization process of real-world assets (RWAs) in the UAE. The collaboration aims to develop frameworks compliant with VARA regulations, providing clear guidelines for RWA tokenization. Both CEOs express enthusiasm, highlighting the potential to redefine transactions, enhance security, and establish industry standards for RWA tokenization, fostering trust and widespread adoption across the region.
