Market intelligence
Dubai regulator outlines conditions for tokenised markets to scale
On 10 November 2026, the Dubai Financial Services Authority published Scaling Tokenisation: The Road Ahead. The white paper examines what tokenised financial assets and the infrastructure around them would need to develop at scale. It followed the Future Tokenisation Forum held on 5 November.
The regulator drew on interviews with market participants, its own expertise and published research. It describes a market moving from experiments toward practical use, while noting that adoption remains concentrated in particular assets and applications.
What institutional investors may need to assess
The paper identifies custody, trusted digital cash, interoperability and cross-border coordination as important conditions for growth. It says regulated custody could help address institutional concerns about safekeeping, while compatible systems and clearer legal and operational standards could reduce market fragmentation.
For family offices considering tokenised assets, these are questions for due diligence rather than evidence that the market is already mature. The DFSA says its paper does not prescribe a particular technology, regulatory approach or commercial outcome. This is a DFSA publication, not an Epicon Capital Club announcement.