Keeta is working on a public exchange that will tokenize major Gulf commodities, including oil, gold, and silver. The launch is targeted for 2027, depending on regulatory approval and the development of custody and operational systems needed to support real-world asset trading.
The plan is to represent physical commodities as digital tokens on the Keeta network. Each token would be backed by a real asset such as a barrel of oil or an ounce of gold stored in the Gulf region. This structure is designed to allow investors to gain exposure without needing access to traditional commodity markets.
(1/9) Keeta and ASK Group @askgroupae, a UAE-based investment group led by His Highness Sheikh Ahmed bin Sultan bin Khalifa bin Zayed Al Nahyan @asknahyan, have created a joint venture aiming to tokenize tens of billions of dollars of commodities and modernize cross-border… pic.twitter.com/QtFd31uhZ0
— Keeta (@KeetaNetwork) June 9, 2026
IMG TXT: Keeta Targets 2027 Launch. Source: Keeta
How tokenized Gulf commodities will be traded on-chain
The platform will allow fractional ownership of commodities, meaning investors can buy smaller portions of high-value assets. Trading is expected to run continuously, with 24/7 settlement and faster transaction processing compared to traditional commodity markets.
Keeta also aims to introduce transparent proof-of-reserves, where each token is directly linked to verified physical holdings. The system is designed for both retail and institutional users, with settlement and compliance handled directly on-chain.
The network is built to support high transaction volumes, including automated trading activity. However, the rollout still depends on regulatory clearance and the establishment of secure custody infrastructure to ensure assets remain properly backed.
Gulf commodity tokenization is gaining attention
Global commodity markets handle trillions of dollars in annual trading volume, and the Gulf Cooperation Council controls a major share of global oil reserves. Tokenizing these assets could shift a significant portion of this market onto blockchain infrastructure, making it more accessible and liquid.
The UAE is also a major hub for cross-border payments, with large remittance flows to regions such as India, Africa, and Southeast Asia. Keeta says its infrastructure could also support faster settlement for these payment corridors by reducing reliance on traditional financial intermediaries.
Other blockchain projects are also exploring real-world asset tokenization, especially in commodities and treasury markets, as demand grows for digital access to traditionally restricted asset classes.
Meanwhile, the UAE has taken a major step toward institutional digital finance with the launch of the DDSC stablecoin, a UAE Dirham-backed token now live on ADI Chain.
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