ZIGChain

Zamanat

2026-09-10 07:33:42

Zamanat backs $100 million tokenized private credit fund in DIFC

Zamanat said on Sept. 10 that it is sponsoring Zamanat Fund CEIC Limited, a tokenized private credit fund registered in the Dubai International Financial Centre with a target size of up to $100 million. The fund will focus on private credit opportunities across the Gulf Cooperation Council region, where the company said small and medium-sized enterprises face an estimated $250 billion financing gap and only about 11% can access credit. The vehicle is structured as a closed-ended exempt fund regulated by the Dubai Financial Services Authority, with Truleum Venture Partners serving as manager and Apex Group providing fund administration services. Fund interests will be issued as ZM1 investment tokens on ZIGChain and offered in a regulated, whitelisted environment to eligible professional investors only. Zamanat said the launch is its first live case of bringing GCC private credit into a regulated digital structure. The company also said the fund is not an Islamic fund and is not being marketed as Shariah-compliant, adding that digital Islamic assets sit within its broader business strategy.

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Nomura

2026-08-05 16:30:00

Nomura’s Laser Digital Takes ZIG Stake, Joins ZIGChain Push Into Emerging-Market Onchain Private Credit

Laser Digital, Nomura Group’s digital-assets arm, has taken a position in ZIGChain’s ZIG token and will help structure and supervise risk for a pipeline of onchain private-credit products built by ZIG Markets. The partnership places a Nomura subsidiary in an underwriting role tied to emerging-market private credit, a tokenized RWA segment that RWA.xyz values at $7.12 billion out of a $37.64 billion market. According to ZIGChain co-founder and chief commercial officer Abdul Rafay Gadit, ZIG Markets has originated more than $50 million so far and recorded zero defaults over the past 10 months, while cautioning that the period does not cover a full cycle. The firms are targeting at least $100 million in total value locked across vault products, with internal milestones of $25 million by September and $100 million by the end of November, though Gadit said neither date is a hard deadline. The products are expected to be distributed through exchanges, neobanks, wallets and DeFi protocols, with access open to both institutional and retail investors. Exclusions apply to UN- and OFAC-sanctioned jurisdictions as well as residents of the United States and Russia. The first product is expected in about three weeks to a month.

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Nomura

2026-08-05 13:28:55

Laser Digital makes strategic investment in ZIGChain to back Gulf private credit onchain

Laser Digital, the digital assets unit of Nomura, has made a strategic investment in UAE-based Layer1 blockchain project ZIGChain, according to CoinDesk. The two sides plan to work together on bringing private credit in the Gulf region onchain, with a stated focus that also includes Sharia-compliant asset products. The investment amount was not disclosed by either party. Still, market chatter cited in the report said the deal was in the upper single-digit millions of dollars. ZIGChain also said it is already working with Standard Chartered and crypto-friendly fund services provider Apex Group as it builds infrastructure for onchain asset management and private credit.

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Zignaly

2026-07-18 11:34:22

Zignaly co-founder says platform volume has topped $10 billion, argues RWA tokenization is about structure not minting

Abdul Rafay Gadit, co-founder of Zignaly and the Layer 1 network Zigchain, said the bottleneck in traditional wealth management lies in slow, expensive and fragmented settlement rails rather than token issuance itself. He said asset liquidation and investor verification can take days under the current model, with firms often repeating manual compliance checks across separate systems. Gadit said a purpose-built Layer 1 blockchain can encode eligibility requirements, geographic restrictions and transfer rules directly into the asset, allowing execution, ownership, settlement and reconciliation to exist in a single verifiable state. He also shared operating figures for Zignaly, saying the platform has grown to more than 500,000 users and has processed over $10 billion in trading volume. On real-world asset tokenization, Gadit said the hard part is not minting a token. He pointed instead to the underlying legal and operational framework, including legal ownership, custody, valuation, redemption and the definition of qualified holders. His remarks frame RWA tokenization as an infrastructure and compliance problem, not just a technical issuance process.

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