According to Henk Jan Hoogendoorn, Head of Financial Services at the Qatar Financial Centre (QFC), Qatar has established a solid framework for tokenizing a wide range of real-world assets, including securities, debt capital markets instruments, investments, Islamic bonds and other asset classes. The framework is expected to be completed and promulgated in the fourth quarter of this year. In addition, QFC recently established a Digital Asset Lab to encourage innovation and research in finance and digital assets.