EmCoin and Hotdesk sign MOU to launch DESK Token as world’s first hybrid token ICO from Abu Dhabi, outlining plans for a 2026 Initial Coin Offering backed by yield-generating real estate and embedded access to a global flexible workspace network, subject to regulatory approvals.
EmCoin And Hotdesk sign MOU to launch DESK Token backed by real estate
EmCoin and Hotdesk sign MOU to launch DESK Token as world’s first hybrid token ICO from Abu Dhabi, envisioning a security‑plus‑utility structure where DESK is backed by high-quality, income-producing assets like Grade A offices and coworking spaces, while also acting as a live access key to Hotdesk’s platform.
EmCoin, the UAE’s first SCA‑licensed Virtual Asset Service Provider, plans to host DESK inside its regulated digital‑asset ecosystem, supported by partners such as Al Maryah Community Bank (Mbank) and Singularity Venture Hub for institutional backing.
EmCoin And Hotdesk sign MOU to launch DESK Token with global workspace utility
With Hotdesk as anchor utility partner, DESK Token holders are expected to gain tokenised access to 2,300+ workspaces across 81+ countries, enabling on-demand booking, work and collaboration using a single digital asset.
Positioned as a real‑world asset‑backed, instantly usable token, DESK is being designed for investors, businesses, creators, freelancers and distributed teams who straddle digital finance and flexible work.
Abu Dhabi’s role in hybrid token innovation
Revealed at Abu Dhabi Finance Week, the initiative showcases the emirate’s push to marry regulated token infrastructure with high-utility platforms, reinforcing the UAE’s ambition to lead the next wave of digital-economy products.
Hotdesk Founder & CEO Mohamed Khaled, also Co‑Founder & President of DESK Token, said the goal is to launch the world’s first hybrid token ICO from Abu Dhabi, leveraging its forward‑thinking regulatory framework and EmCoin’s SCA licence to create a new asset class blending yield, utility and real value.
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