Tokenised Funds in the DIFC: What DFSA CP 173 Means
DFSA CP 173 explores tokenised Funds, digital registers, tMMFs and on-chain operations, while stopping short of proposing new tokenisation rules.
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UAE · Financial services · Fintech · Digital assets
BLegal is a boutique UAE legal consultancy for fintech, crypto and digital-asset businesses — identifying the right licence, the right structure and a sound legal foundation across VARA, ADGM, DIFC, CMA and CBUAE.
DFSA CP 173 explores tokenised Funds, digital registers, tMMFs and on-chain operations, while stopping short of proposing new tokenisation rules.
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Twenty focused capabilities across every UAE framework — from licensing and tokenisation to funds, contracts and ongoing counsel. Organised by regulator and by capability, so you reach the help your model actually needs.
VARA, ADGM (FSRA), DIFC (DFSA) and federal (CMA) licensing — identifying the right authority and the right route from the outset.
Learn more Digital assetsStructuring, token issuance and whitepaper review for real-world-asset and digital-asset projects.
Learn more AdvisoryPerimeter analysis, formal legal opinions, application support and compliance frameworks.
Learn more Market entryEntity and licensing design, market-entry strategy and cross-border coordination.
Learn more CorporateCommercial contracts, governance documents and ADGM, DIFC and UAE fund structures.
Learn more OngoingSupport for emerging business models and Virtual General Counsel for growing teams.
Learn moreThe firm
The UAE’s regulatory landscape moves quarter by quarter. BLegal turns it into a route you can actually follow — the right regulator, the right licence, the right structure, explained in terms your board and investors understand.
About BLegal
Why BLegal
Most advisers know the law or the technology. BLegal brings both — plus two decades inside traditional finance — so your structure is compliant, commercially sound and ready to scale.
About the firm
Founder & Principal
Financial Services, FinTech & Digital Assets Lawyer
Twenty years across traditional finance and fintech — State Street, Janus Capital, Winton and Dewey & LeBoeuf in London and Paris — now advising international businesses on entering the UAE. Dual-qualified in England & Wales and Italy, and licensed as a legal consultant in the UAE.
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Tell us about your model and we’ll map the regulator, the licence and the route — clearly, and without the guesswork.
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