The article reports that a joint study by Kearney and Ctrl Alt projects the GCC tokenization market to reach $500 billion by 2030, driven by initiatives like the Dubai Land Department's AED 60 billion real estate tokenization project. This represents a significant opportunity for the application of AI and blockchain technology in the banking and real estate sectors.
A joint report by Kearney and Ctrl Alt projects that RWA tokenization will unlock $500B across the GCC by 2030, with the UAE leading through live projects like the Dubai Land Department’s AED 60B real estate initiative.
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Lloyds Banking Group announced that its use of generative AI generated £50M in value in 2025, and they have set a target of over £100M in value from 'next gen' AI by 2026. This includes rolling out an AI-powered financial assistant to their 21M users and launching an AI Academy to upskill their 67,000-strong workforce.
Fundamental, an AI lab, has emerged from stealth with a $255 million Series A funding round and a new foundation model called Nexus that is designed to analyze structured enterprise data, an area where traditional AI models often struggle. The company believes Nexus can reshape how large enterprises analyze their data by combining predictive AI with contemporary tools.
Sapiom, a startup founded by a former Shopify payments director, has raised $15 million to build a financial layer that allows AI agents to automatically purchase and access external software, APIs, and data services needed to power their applications. This aims to eliminate the backend infrastructure challenges faced by non-technical creators when trying to launch their AI-powered apps into full production.