In a groundbreaking collaboration to integrate blockchain with real-world assets (RWA) and utility, Hotdesk, Al Maryah Community Bank (Mbank), Emirates Coin Investment (EmCoin), and Singularity have teamed up to announce the upcoming launch of DESK Token, pending regulatory approvals.
DESK Token will debut as the world’s first asset-backed hybrid token, merging yield-generating office property investments with practical utility. Expected to enter the market in Q2 2026 after securing regulatory clearances, more information will be available on its official website: www.desktoken.com.
DESK aims to revolutionize access to office property investments, the world’s second-largest asset class, making it globally accessible. Its mission is to offer a transparent, asset-backed token providing yield to holders in stablecoins or cash. Utilizing blockchain technology, DESK Token is more divisible and accessible than traditional Real Estate Investment Trusts, allowing investments starting at just $1.
DESK Token will also offer real-world utility. Initially, holders can use DESK Token to pay for office and coworking spaces via Hotdesk’s platform, featuring over 2,300 workspaces in 81 countries and 410 cities. DESK can be staked to unlock higher tiers in an exclusive loyalty program.
The global office property market exceeds $2 trillion but remains mostly illiquid and inaccessible. DESK intends to change that narrative.
DESK is supported by strategic partners:
● Hotdesk, known as the “Airbnb of Offices,” with a network of 2,300 offices in 81 countries, serving as the primary technology partner and utility adopter in its global office network.
● Al Maryah Community Bank, the UAE’s first digital bank, facilitates the purchase of AE Coin, the UAE’s first central bank-regulated stable coin, through the AEC Wallet app. Mbank will be DESK Token’s strategic banking partner, providing users access to real-world assets and utility.
● Emirates Coin Investment, the UAE’s first company licensed by the Securities and Commodities Authority (SCA) to offer fully regulated Virtual Asset services. “EmCoin” will be the strategic licensing partner aiding DESK in obtaining regulatory approvals.
● Singularity Venture Hub, the incubation arm of Singularity, brings expertise in blockchain, infrastructure, crypto, and tokenomics.
Mohamed Khaled, Founder & CEO of Hotdesk, and Co-founder & President of DESK: “DESK is more than a token; it’s a movement to make real estate investment borderless, liquid, and practical. We’re unlocking global access to a $2 trillion asset class, starting with utility from day one. Hotdesk is proud to build this alongside strategic partners to reshape the future of office spaces, from Abu Dhabi’s heart.”
Mohammed Wassim Khayata, CEO of Mbank, stated: “At Mbank, we are dedicated to driving financial innovation bridging traditional banking and the digital future. Our partnership on DESK Token with Emirates Coin Investment ‘EmCoin’ exemplifies this mission, blending real estate investment with practical utility. By integrating blockchain with tangible assets, we democratize access to the $2 trillion office property market and offer real-world applications for investments. This partnership marks a significant step towards a technologically advanced financial ecosystem, from Abu Dhabi to the world.”
Robert Wils, Head of Product Advisory at Singularity Venture Hub, commented: “DESK represents the next step in tokenized finance: combining institutional-grade structure, regulatory integrity, and genuine on-chain utility. At Singularity Venture Hub, we design frameworks where digital assets support real economies. By pairing yield-producing office property with immediate use via Hotdesk’s platform, DESK moves from theory to execution. Together with strategic partners, we bridge the regulated financial world and the digital frontier, responsibly and transparently.”
Giles Heyring, Co-founder & CEO of DESK, stated: “DESK merges traditional investment discipline with the new blockchain and crypto world. I’ve witnessed the power, stability, and value that high-quality, income-generating infrastructure and property assets can deliver. Historically, access to these returns was limited and illiquid, reserved for the few. DESK Token will invest in Grade A office spaces in key global cities, combined with top-tier, profitable coworking assets, merging predictable low-risk yield with modern real-world usage.”
