QNB Group and Partners Withdraw Launch of Tokenized Money Market Fund Announcement

Doha: A recent announcement regarding the launch of a new financial product has been withdrawn. Subscribers have been instructed to cancel news item number 20, which was set to highlight the introduction of the Dubai International Financial Centre's first tokenized money market fund by QNB Group, Standard Chartered, and DMZ Finance. According to Qatar News Agency, the news item titled "QNB Group, Standard Chartered and DMZ Finance Launch Dubai International Financial Centre's First Tokenized Money Market Fund" should not be used. This announcement was initially expected to unveil a collaborative effort to introduce a groundbreaking financial product in the market. However, the directive to cancel suggests a change in plans or a reconsideration of the launch details. Subscribers and stakeholders have been advised to disregard the information previously released. Further updates or clarifications from the involved parties have not been provided at this time.