ChainThink message, September 19, Bybit announced a strategic cooperation with Qatar National Bank (QNB Group) and DMZ Finance, launching the world's first tokenized money market fund, QCDT, approved by the Dubai Financial Services Authority (DFSA), as a mirrored collateral asset on the Bybit platform.

As the world's first cryptocurrency exchange supporting QCDT collateral, Bybit unlocks up to $1 billion in lending capacity for institutional investors, setting a new standard for the integration of real-world assets (RWA) and digital finance. QCDT is backed by U.S. Treasury bonds, with DMZ Finance providing tokenization technology, QNB Group managing it, and Standard Chartered acting as custodian, ensuring compliance, transparency, and security.

Bybit stated that this move not only provides mature trading institutions and traditional financial institutions with a low-risk, secure, and compliant way to participate in digital assets, but also further solidifies its position as a bridge connecting traditional finance and the crypto economy in the Middle East and globally.