The Qatar Financial Centre (QFC) has announced plans to tokenize real estate assets, starting with towers valued at over $500 million. In addition to real estate tokenization, the QFC is also exploring tokenized funds and digital asset rules. The QFC's move comes as Doha intensifies efforts to establish itself as a major financial hub in the Middle East, offering incentives to attract international firms and investors. The government has introduced programs to subsidize office modernization and employee costs for companies expanding in the city, particularly in the Lusail financial district. Qatar's ambitions are supported by its sovereign wealth fund, the Qatar Investment Authority (QIA), which is valued at $524 billion. The QIA is leveraging its resources to encourage the establishment of private equity and infrastructure funds in the country. These developments coincide with similar initiatives in the region, such as the Dubai Land Department's launch of a government-backed real estate tokenization project using the XRP Ledger blockchain.