SettleMint NV, the company behind DALP, the entirely composable Digital Asset Lifecycle Platform and the Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, have signed a Memorandum of Understanding (MoU) to collaborate on blockchain and digital asset initiatives in the financial industry.
The MoU aims to explore potential synergies with industry participants, including financial institutions, fintech firms, and corporate organisations, to accelerate the adoption of blockchain and digital asset business models and solutions.
Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, said: "We are delighted to collaborate with SettleMint to explore use cases of blockchain technology and digital assets in Qatar's financial industry. This partnership reflects the QFC's commitment to supporting innovation and identifying new opportunities that benefit our stakeholders and Qatar's wider financial ecosystem. To that end, we look forward to future joint initiatives with SettleMint."
Commenting on the MoU, Matthew Van Niekerk, Co-Founder and President, SettleMint, said: "At SettleMint, we support regulated institutions as they move blockchain and digital asset initiatives from experimentation to production. Our focus is the infrastructure, controls, and lifecycle tooling needed to make these initiatives operational for clients and their ecosystems. We are thrilled to partner with the QFC and leverage their expertise and network to drive blockchain adoption and innovation in Qatar's financial sector."
Blockchain technology can improve efficiency, security, and transparency where multiple parties need shared records, programmable controls, and auditable workflows. Through the collaboration, the QFC and SettleMint will help business entities in Qatar's financial sector innovate and develop a safer and more efficient way of doing business.
ABOUT QATAR FINANCIAL CENTRE
Qatar Financial Centre (QFC) is an onshore business and financial centre located in Doha, providing an excellent platform for firms to do business in Qatar and the region. QFC offers its own legal, regulatory, tax, and business environment, which allows up to 100% foreign ownership, 100% repatriation of profits, and charges a competitive rate of 10% corporate tax on locally sourced profits. QFC welcomes a broad range of financial and non-financial services firms.
ABOUT SETTLEMINT
SettleMint, headquartered in Leuven, Belgium, with offices in the UAE, Singapore, and Japan, is the company behind DALP, the entirely composable Digital Asset Lifecycle Platform. DALP enables financial institutions, market infrastructure operators, and governments to build, deploy, and manage digital assets and blockchain applications at scale.
Updated on July 1, 2026.
