Dubai’s DMCC Partners AQUA-INDEX to Launch World’s First Water-Backed Digital Token

DMCC partners with AQUA-INDEX to launch first digital token backed by freshwater resources. The token enables transparent trading and delivery of verified drinking-quality water globally. Partnership aims to create a regulated water market addressing scarcity and supply challenges. Dubai’s DMCC, a leading international business district focused on global trade, has formalized a partnership with AQUA-INDEX, a company specializing in water commodities trading. The partnership aims to introduce the world’s first digital asset token directly backed by verified freshwater resources. This initiative aims to create a new, tradable commodity class for water, addressing issues of scarcity and transparency in the global supply chain. The project will tokenize drinking-quality water stored in reservoirs, allowing it to be traded, held, and delivered as a standardized asset on a regulated marketplace for the first time in financial history. Tokenizing a Vital Natural Resource The core of the project is the creation of a digital token that represents a specific quantity and quality of fresh water. This tokenization is designed to bring unprecedented liquidity an… The post Dubai’s DMCC Partners AQUA-INDEX to Launch World’s First Water-Backed Digital Token appeared first on Coin Edition .

Source: Coin Edition