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Hancom WITH to set up gold RWA joint venture in Dubai

Hancom WITH, which serves as a holding company for the Hancom Group, is setting up a joint venture in Dubai to expand its global gold real-world asset tokenisation business. The venture with UAE gold trader Al Dafra Al Gharbia Gold Trading (ADGT) and Cast Holdings will provide services from sourcing physical gold to issuing and redeeming on-chain tokens under a single entity. The partners also plan a compliance framework and third-party verification disclosures.