Crypto
Zamanat's $100 Million Tokenized Credit Fund Launches on ZIGChain
Zamanat's $100 million tokenized credit fund, targeting Gulf SMEs, has launched on ZIGChain. The DFSA-registered fund issued its ZM1 Investment Tokens in Q2 2024, with Apex and Truleum managing administration.
The vehicle is designed to channel institutional capital toward Gulf SMEs that remain underserved by bank lending. It's presented as the first live proof of regulated fund tokenization on the Layer 1 network.
ZIGChain supplies the regulated issuance layer for the fund, adding an on-chain ownership and settlement layer rather than rewriting the investment thesis.