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GRANITE, Tarmiiz join FRA Sandbox to test money market fund tokenization
Egypt and global economy brief

GRANITE, Tarmiiz join FRA Sandbox to test money market fund tokenization

Key takeaways
  • GRANITE Financial Holding and Tarmiiz Information Technology have joined Egypt’s Financial Regulatory Authority (FRA) Regulatory Sandbox to test a model for tokenizing money market fund assets, marking an early step toward exploring blockchain technology in Egypt’s asset management sector.
  • The initiative will examine the regulatory and operational requirements for applying asset tokenization to money market […]
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