Zamanat Launches $100M Tokenized Fund to Close GCC SME Credit Gap

Zamanat announced its sponsorship of a new tokenized private credit fund based in the Dubai International Financial Centre. The fund has a target size of up to 100 million US dollars and aims to bring blockchain efficiency to traditional credit markets.

The initiative targets the significant financing gap for small and medium enterprises in the Gulf Cooperation Council region. Estimates show this credit gap sits around 250 billion dollars, with only 11 percent of regional small businesses currently able to access traditional bank loans.

By using tokenization, the fund opens up private credit opportunities to a broader group of investors. Market watchers will be watching to see how quickly this capital reaches regional businesses and whether other tokenized credit products follow suit in the Middle East.