DMCC entities Tokinvest and World Mobile have partnered to create tokenized DePIN investments, as per an official press release.
As part of the agreement, both parties will explore the possibility of tokenizing investment within telecommunications powered by the blockchain.
Tokinvest is a fractional ownership investment platform that is licensed by Dubai’s regulatory authority, VARA.
Infrastructure projects hand-picked by World Mobile will be kept on Tokinvest’s marketplace. Both retail and institutional investors will be able to access the investments offered as part of the collaboration.
“Together with World Mobile, we’re enabling all investors to invest in the growth of networks that connect the unconnected, all within a regulated framework,” said Tokinvest’s CEO and co-founder Scott Thiel.
“As the market-leading RWA platform, partnering with Tokinvest was the natural choice and allows us to take that mission a step further, by unlocking tokenised investment access to the real decentralised physical infrastructure powering the sharing economy. This collaboration is not just about telecoms, but about ownership, empowerment, and economic participation,” said World Mobile’s CEO, Micky Watkins.
As of now, VARA is responsible for regulating a handful of crypto firms in Dubai. There are 39 digital asset firms listed on its public register.