Dubai Multi Commodities Centre Partners with Crypto.com to Drive Commodity Trading on Blockchain

Dubai Multi Commodities Centre (DMCC) has signed a strategic cooperation agreement with Crypto.com to explore how to leverage blockchain technology to innovate the financing, trading, and settlement of commodities.

According to the agreement, both parties will focus on practical application cases rather than abstract concepts, including the possibility of commodity tokenization, asset custody methods, liquidity support, and whether digital assets can play a role in the payment processes on the DMCC platform and its member companies.