Dominik Schiener says he’s proud of the work Realize is doing with tokenizing US Treasury bills on the IOTA network in Abu Dhabi, the first such product in the region.
The Abu Dhabi Global Markets says the initiative “positions the international financial center of Abu Dhabi as a global leader in real-world asset tokenization.”
Two weeks ago, IOTA made a big splash when two Abu Dhabi firms announced they were tokenizing US Treasuries on the network, the first such product in the region. Founder Dominik Schiener says he’s “really proud” of the achievement, and that it’s only the first step towards global domination.
As we reported, Neovision Wealth Management and Realize—two firms based in the UAE’s international financial center, Abu Dhabi Global Markets (ADGM) —announced the launch of the Realize T-BILLS Fund. The fund purchases units of American ETFs that focus on the country’s Treasury bills and converts these units into tokens that investors can buy, hold, and

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