Public companies collaborate with Middle Eastern institutions to develop Islamic FinTech: Gold-backed stablecoins and RWA exchanges

LiquiditySurfer · 2026-01-09T03:20:10+00:00

A NYSE-listed company has partnered with a Middle Eastern financial institution to promote Sharia-compliant fintech innovation, including precious metal economic zones, gold-backed tokens and stablecoins, digital exchanges, and Islamic digital gold bar banking services, combining traditional and emerging financial tools to explore a new ecosystem for digital assets.

LiquiditySurfer

2026-01-09 03:20:10

Abstract generation in progress

【Crypto World】A New York Stock Exchange-listed company recently reached a cooperation intention with a local financial institution in the Middle East, planning to promote a series of fintech innovations compliant with Islamic law in the Middle East region. This cooperation framework covers several key areas: establishing a precious metals economic zone, issuing gold-backed tokens and stablecoin products, building a digital exchange that integrates precious metals and risk-weighted assets (RWA) tools, and also planning to launch Islamic digital gold bar banking services.

In the cooperation, the US company is responsible for providing expertise in Web3 technology and stablecoin solutions, while the local partner contributes regional market operation experience and project implementation. From a project design perspective, this plan combines traditional asset backing mechanisms (gold) with emerging financial instruments (stablecoins, RWA), aiming to develop a new ecosystem for digital assets and trading within an Islamic financial compliance framework. For the Web3 industry, this releases the application potential of stablecoins and physical asset tokenization in emerging markets.

RWA1,78%

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SocialFiQueen

· 01-09 03:48

The strategy of backing stablecoins with gold, it still depends on how it operates moving forward... The Middle Eastern finance sector is really gradually eating away at the traditional financial cake.

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governance_ghost

· 01-09 03:35

The routine of stablecoins supported by gold is getting boring. The real highlight is whether Islamic finance can break through the circle.

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RugResistant

· 01-09 03:31

ngl this gold-backed stablecoin play needs thorough vetting... rwa infrastructure in islamic finance sounds promising but red flags detected on tokenomics transparency. dyor but here's my analysis - who's auditing the actual bullion reserves? classic exploit vector right there

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ForkThisDAO

· 01-09 03:26

Gold-backed stablecoins are a reliable system that should have been implemented a long time ago. They're much more trustworthy than those pump-and-dump coins.

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