Zamanat Targets GCC SME Gap With Up To $100 Million Tokenized Fund

Zamanat announced sponsorship of Zamanat Fund CEIC Limited, a DIFC-domiciled tokenized private credit fund with a target size of up to USD 100 million, aimed at the GCC’s estimated $250 billion SME financing gap. The fund will issue interests as ZM1 Investment Tokens on ZIGChain and is structured as a DFSA-regulated closed-ended Credit Fund, according to BeInCrypto, with Truleum Venture Partners as manager and Apex Group as administrator. The company said it is its first live proof point for regulated fund tokenization on ZIGChain.