In a historic announcement made during Abu Dhabi Finance Week, Hotdesk, the world leader in flexible workspace technology, and Emirates Coin Investment (EmCoin), the first UAE SCA-licensed virtual asset service provider, signed a Memorandum of Understanding to investigate launching the ground-breaking DESK Token Initial Coin Offering (ICO) in 2026, subject to regulatory approvals.
DESK Token is envisioned as a hybrid security-and-utility token that would power smooth access to Hotdesk’s global on-demand office network and be backed by premium, yield-generating real estate assets (such Grade A Offices and Coworking Spaces). This dual-value approach delivers real-world returns and utility to the digital asset market, creating a previously unheard-of asset class.
With Hotdesk as the anchor utility partner, DESK Token holders will have tokenized access to Hotdesk’s more than 2,300 workplaces in more than 81 countries, giving them unparalleled freedom to book, work, and collaborate anywhere in the world.
EmCoin plans to adopt DESK Token within its compliant digital-asset ecosystem, and the initiative will follow a fully regulated approach. Al Maryah Community Bank (Mbank) and Singularity Venture Hub, two ecosystem partners that offer strong institutional support, further reinforce this.
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