ZIGChain and Apex Group lead effort to tokenize global fund management

Dubai is emerging as a focal point for blockchain-driven financial innovation with the launch of a groundbreaking initiative that aims to revolutionize fund infrastructure. Apex Group, a global fund administrator overseeing $3.4 trillion in assets, has partnered with ZIGChain to introduce what is being described as the first regulated, blockchain-based ecosystem for fund tokenization.

This initiative brings together a diverse group of founding members, including Truleum Venture Partners, a Dubai-based venture capital firm; Zamanat, a Shariah-compliant tokenization platform; and Tokeny, a technology provider specializing in digital asset tokenization and majority-owned by Apex Group. Collectively, the consortium aims to transform how real-world assets are managed and distributed on-chain.

Building a Modular and Compliant Tokenized Fund System

The new infrastructure is being developed as a modular system that complies with Shariah principles, offering an accessible and secure framework for launching tokenized funds. By enabling full tokenization of fund structures rather than just underlying assets, the alliance intends to make blockchain adoption more practical and scalable for large financial institutions. The strategy focuses on reducing operational friction while maintaining high standards of regulatory compliance.

According to representatives from ZIGChain, the combined strengths of Apex Group’s global reach, Tokeny’s regulatory-compliant architecture, and Truleum’s expertise in financial oversight are expected to provide a robust foundation for building a next-generation ecosystem for capital markets. The emphasis is on creating a solution that caters to institutional investors seeking both innovation and adherence to financial regulations.

Apex Group Expands Its Vision in the Middle East

Leadership at Apex Group views the partnership as a strategic extension of its broader mission to bring modernization and efficiency to global fund administration. The move aligns with Dubai’s rising role as a hub for blockchain and digital finance, offering a supportive regulatory environment and growing investor interest in asset tokenization.

The asset management industry, which reportedly managed $128 trillion in assets globally as of 2024, is a primary target for this on-chain transformation. Tokenization is being increasingly viewed as a way to enhance transparency, liquidity, and accessibility in traditional fund structures. Within this context, Zamanat has already committed to structuring more than $3 billion in tokenized fund offerings through the new platform.

ZIGChain Sets Sights on Institutional Blockchain Adoption

ZIGChain is positioning itself as a critical enabler for the next phase of blockchain-based fund management, especially among institutions seeking compliant, end-to-end digital asset solutions. With other financial organizations reportedly evaluating participation in the alliance, the infrastructure could see wider adoption across multiple markets.

The collaboration not only represents a technical milestone but also signals a shift in how fund management might evolve in the coming years. By addressing regulatory, operational, and religious compliance requirements, the alliance hopes to establish a new global standard for fund tokenization.

As digital finance continues to mature, initiatives like this may become central to bridging traditional finance with decentralized technologies. Dubai’s role as an innovation hub is likely to grow further as more institutions recognize the advantages of blockchain-integrated fund ecosystems.