Dubai is making waves in the world of global trade, this time with water. Dubai Multi Commodities Centre (DMCC) has teamed up with AQUA-INDEX to launch the world’s first digital token backed by real, drinking-quality water stored in reservoirs around the globe.
This groundbreaking token will allow investors, traders, and even the public to buy, sell, and take delivery of freshwater as a commodity, just like gold or oil. It’s a bold step toward creating a transparent, regulated global market for one of the planet’s most precious resources, water.
As part of the agreement, AQUA-INDEX will tap into DMCC’s global network and advanced infrastructure to bring water trading to the mainstream. The goal? To bring more liquidity, transparency, and innovation to how water is valued and managed around the world.
“Nearly half the world faces water scarcity, but there’s still no mature market for water,” said Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC. “
Yaacov Shirazi, Chairman and Founder of AQUA-INDEX, added, “This is a game-changer. By turning water into a tradable financial asset, we’re enabling better infrastructure, access, and management. It’s a whole new way to fight water scarcity.”
The partnership is part of DMCC’s vision to establish a Water Centre in Dubai, a one-stop hub for water technology companies, commodity traders, and logistics firms. The water-backed token will be a core feature, helping improve water access in stressed regions and offering new tools for investors and governments alike.
Further details on how the token will work, including where it can be traded and how delivery will happen, will be revealed soon.
