Stobox Joins Qatar Financial Center Digital Assets Lab
Stobox joins Qatar Financial Center Digital Assets Lab to help establish the country as a global leader in tokenization.
Stobox aims to contribute to the country’s formation as a global leader in tokenization.
Stobox, a leading licensed and regulated tokenization provider, became a member of Qatar Financial Centre Digital Assets Lab. It’s the most prestigious and recognized Digital Asset association in the MENA region, powered by the Qatar Central Bank. This partnership aims to accelerate tokenization in Qatar and position the country as a global leader in the space.
Stobox provides an all-in-one solution for tokenizing, investing, and trading RWA and operates in multiple jurisdictions, including the United States.
The company is also a member of the Blockchain for Europe Association. Alongside significant industry players like Coinbase, Binance, and Ripple, it actively shapes blockchain standards and advocates for regulatory alignment.
Now, joining Qatar Financial Center Lab and collaborating with key associations in the MENA region, Stobox is gaining new recognition within the ecosystem. It secures a full license to operate in Qatar and creates future business development and tokenization opportunities.
Driving Tokenization in Qatar and Beyond
In Qatar, tokens can legally represent property rights on real-world assets, making tokenization a significant driver of economic development. Stobox brings its multi-jurisdictional legal expertise and proven tokenization methodology to the region, allowing businesses to structure tokenization initiatives optimally.
The Stobox tokenization framework ensures that tokenization projects in the region follow a proven, efficient, and fully compliant process, reducing risks and operational inefficiencies. Stobox’s products and tokenization solutions will play a key role in unlocking more people and businesses to engage in the tokenization of real-world assets.
Stobox's joining of the Qatar Financial Center Lab secures a significant financial outcome for Qatar's economy, accelerating its GDP growth.
This also creates opportunities for business development with major companies, institutions, and industries in Qatar and the surrounding region.
“We identify three major pillars driving Real-World Asset tokenization growth in Qatar. First, the country offers a diverse array of valuable assets and business opportunities. Second, there is a well-developed investment and financial ecosystem with substantial capital available for tokenization. Third, regulatory authorities are actively supporting tokenization initiatives, creating a favorable environment for long-term growth. We value Qatar’s Financial Center stance on tokenization and aim to make the country a bedrock for all the future success of tokenization across the world.” – said Ross Shemeliak, COO and Co-Founder of Stobox.
Qatar: A Hub for Tokenization Growth
Stobox already has an impressive case in Qatar, tokenizing the largest shrimp farm in the world. ICM Capital, one of GCC's most distinguished conglomerates, developed the largest shrimp farm for tokenization with support from Stobox.
Today, Qatar pursues the ambition to lead the tokenization across the MENA region. There are several reasons behind MENA’s future success in tokenization. The success of tokenization is closely tied to the expansion of its underlying assets, and MENA’s economy is thriving across multiple sectors ripe for tokenization.
The QFC houses prominent global and regional entities, including Polygon Labs, Partior, Taurus, SidraChain, and others, contributing to its growth as a leading hub for business and innovation. This allows Stobox to expand and engage in tokenization with a wide range of influential institutions, businesses, and startups, creating more opportunities for growth and collaboration.
Real estate, aquaculture, food production, energy, and renewables are all experiencing impressive growth. Tokenization powered by Stobox can provide these industries with more liquidity, fractional ownership, and increased global investor participation, further accelerating their expansion.
About Stobox
Stobox is a licensed and regulated tokenization provider building financial markets for small and medium businesses. Stobox provides an all-in-one solution for tokenizing, investing, and trading RWA and operates in multiple jurisdictions, including the United States. Since its inception in 2018, the company has tokenized over $500M in assets across finance, mining, energy, and real estate.
For more information, please visit the Stobox website.
About Qatar Financial Centre Digital Assets Lab
The Qatar Financial Centre (QFC) is a leading onshore business and financial center located in Doha. It is committed to promoting Qatar as a major business and commercial hub at the crossroads between East and West. It houses businesses, from start-ups to large corporations, seeking to expand to the region to take advantage of a robust legal and regulatory environment aligned with international best practices, covering regulated and non-regulated activities. The Digital Assets Lab aims to foster innovation, research, and development within the Digital Assets and Distributed Ledger Technology (DLT) space.
Further details are available at the Qatar Financial Centre website.
QFC