Vermeg and CBUAE select Delta Capita DLT for digital securities depository
10 September 2026 UAE
Image: Rastislav_Sedlak_SK/stock.adobe.com
Vermeg, a provider of financial market infrastructure, and the Central Bank of the UAE (CBUAE) have chosen Delta Capita’s MACH distributed ledger technology (DLT) to support the integrated Digital Asset Íø±¬³Ô¹Ï Depository (DASD).
DASD is being delivered to the newly created UAE Central Íø±¬³Ô¹Ï Depository (CSD).
Vermeg is designing and providing an integrated and digital CSD platform to support government debt and sukuk, Sharia-compliant financial certificates.
The firm is also delivering a unified collateral management solution.
According to the companies, the DASD will enable capital, cost, and revenue efficiencies via T+0 settlement, along with enhanced collateral mobilisation and asset fractionalisation.
The DASD will also support the issuance of digitally-native sovereign debt, sukuk, and the tokenisation of existing financial instruments.
DASD is being delivered to the newly created UAE Central Íø±¬³Ô¹Ï Depository (CSD).
Vermeg is designing and providing an integrated and digital CSD platform to support government debt and sukuk, Sharia-compliant financial certificates.
The firm is also delivering a unified collateral management solution.
According to the companies, the DASD will enable capital, cost, and revenue efficiencies via T+0 settlement, along with enhanced collateral mobilisation and asset fractionalisation.
The DASD will also support the issuance of digitally-native sovereign debt, sukuk, and the tokenisation of existing financial instruments.
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