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 Securities Depository (DASD).
DASD is being delivered to the newly created UAE Central Securities 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 Securities 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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