Key Takeaways:
UAE’s ASK Group and Keeta launched a joint venture to tokenize physical Gulf assets by 2027.Keeta’s Layer 1 blockchain speeds up global remittances, processing 11.2 million transactions per second.ASK Group will scale this regulatory and commodity tokenization blueprint across the MEA region and India.“This partnership is a long-term commitment to building the infrastructure that will define how trillions of dollars in real-world assets move,” said Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan of the ASK Group.
“Together we are going to take assets and payment flows that have operated the same way for decades and put them on rails built for the next century,” said Ty Schenk, founder and chief executive of Keeta.
To address compliance, Keeta’s network features a native identity and regulatory architecture. Asset issuers can embed transfer restrictions, jurisdictional controls and investor accreditation rules directly into the commodity tokens. The network automatically enforces these parameters on subsequent transactions, eliminating third-party compliance intermediaries.
Under the exclusive agreement, ASK Group will manage and scale Keeta’s operational footprint across the UAE, the broader Middle East and Africa region, and India. Initial phases will focus on launching the UAE blueprint before expanding tokenization models to broader Gulf Cooperation Council markets.
