
EXCLUSIVE: Dubai's once-elite racehorse market now open for fractional ownership with digital tokens
Racehorse investment in the UAE, historically an exclusive market accessible only to the royals and super wealthy, is set for a revolutionary change, with two real-world asset (RWA) tokenisation platforms from Dubai and New Zealand teaming up to offer fractional investment in the equestrian sports.
Tokinvest, the Dubai-based leading marketplace for RWA tokenisation, and DSG Group, a New Zealand-based blockchain-powered tokenisation platform, will offer tokenised investment opportunities in racehorses, stables, and siring rights to open up this traditionally exclusive market accessible to a wider investor base.
The combine's tokenised 'syndicated ownership' model for the sector will also simplify asset management and enhance liquidity by making fractional shares of racehorses transferable, aiming to tap into the UAE's globally popular and booming equine market.
'The UAE's equestrian industry is one of the most prestigious in the world, with events like the Dubai World Cup attracting global attention and contributing significantly to the country's sports economy. Tokenisation has the potential to redefine racehorse ownership by introducing fractional investment, making this traditionally exclusive market accessible to a wider investor base,' Scott Thiel, Co-Founder and CEO of Tokinvest, told Arabian Business.
Thiel said their partnership will leverage blockchain technology to create a seamless, globally accessible investment platform in Dubai's racehorse sector – known as the 'King of Sports'.
The DSG Group, which recently partnered with Evolution Stables to tokenise racehorse ownership via digital syndication under the supervision of New Zealand Thoroughbred Racing (NZTR), is set to replicate the model in Dubai in partnership with Tokinvest.
🏇 Tokenised Racehorse Investments Are Here 🏇
Tokinvest x DSG Group are revolutionising racehorse investments with blockchain-powered fractional investment.
Read more. https://t.co/LAgP34ToIK pic.twitter.com/3NYk3WY0A8
— Tokinvest (@Tokinvest_Cap) February 25, 2025
Redefining racehorse ownership
Thiel said the Tokinvest-DSG partnership will roll out a multi-channel strategy to bridge the gap between traditional equestrian investors and the digital asset community.
'By combining storytelling and strategic partnerships, we aim to redefine racehorse ownership for a new generation of investors,' he said.
Sports sector experts said the blockchain-based investment initiative in the horse race sector could be a game changer, as it will lower entry barriers, enabling more investors to participate without the financial burden of full ownership.
This will also enhance liquidity, making traditionally illiquid assets like racehorses tradeable investment opportunities and attracting new capital into the sector, they said
Thiel said: 'At Tokinvest, we're not just embracing this change—we're driving it.'
He said tokenisation will drastically change the 'limited' or 'exclusive syndicate' model prevalent historically in the sector by allowing everyone to purchase digital shares in a horse at fractional costs.
'Our focus is on retail investors looking to diversify their portfolios with alternative assets, and institutional investors such as Funds and asset managers seeking exposure to the growing sports and entertainment sector,' he said.
Web3-savvy investors eager for regulated real-world asset (RWA) opportunities will also be the combine's target group, Thiel said.
Promoting global investor participation in Dubai's racehorse sports
The Tokinvest chief executive said the platform will root for global participation as long as investors comply with local and international regulations.
'One of the biggest advantages of tokenisation is its borderless nature. Investors no longer need to be physically in the UAE to own a stake in a high-value racehorse,' he said.
Industry watchers said with blockchain-backed security, transparency, and compliance, investors can buy, sell, or trade ownership stakes digitally.
Dubai's leadership in Web3 innovation and regulatory clarity makes it the perfect gateway for international investors looking to explore real-world asset tokenisation, they said.
Thiel said Tokinvest has established a network of regulated virtual asset brokers that provide access to 1.6 billion people.
He said the UAE's progressive stance on digital assets, with clear frameworks for blockchain-based investments, will be a major advantage for the promotion of global investments in Dubai's equine sector.
'The UAE's Virtual Assets Regulatory Authority (VARA) is actively shaping the legal landscape for digital asset ownership, making Dubai a global hub for tokenised investments,' he said.
Thiel said Tokinvest will also work closely with asset owners to provide investor protection through bankruptcy and claims remote structures.
He said the partnership will work with industry specialists, those with many years or decades-long track records of successfully managing racehorses, to promote their initiative.
'These highly regarded industry players are well known and trusted in the industry and have an existing audience base,' he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
19 minutes ago
- Khaleej Times
Eid Al Adha: Dubai records more than 600,000 passengers during holidays
More than 620,000 passengers have arrived in and departed from Dubai during the four-day Eid Al Adha holidays, from June 5 to June 8, the General Directorate of Identity and Foreigners Affairs (GDRFA)-Dubai revealed on Wednesday. GDRFA said Dubai International Airport accounted for the largest share of this movement, registering 581,527 travellers; while 46,863 travellers passed through the Hatta border post, and 1,169 travellers crossed via maritime ports during the same period. The total number of incoming and outgoing passengers reached 629,559. 'This figure reflects the vibrancy that Dubai enjoys as a global hub for transit and residence,' GDRFA said in a statement sent to Khaleej Times. 'We have made it a priority to ensure a seamless travel experience through smart gates and artificial intelligence technologies, which have contributed to speeding up procedures and improving the flow of movement,' noted Maj-Gen Talal Al-Shanqeeti, assistant director general of the air ports sector at GDRFA. 'The travel experience has become part of our commitment to enhancing quality of life, in line with the Dubai government's approach to providing flexible services that meet individuals' expectations and enhance the readiness of its institutions,' he added.


Khaleej Times
34 minutes ago
- Khaleej Times
ICAI Dubai Chapter celebrates success of first-ever Excellence Awards 2024-25
The ICAI Dubai Chapter marked a historic milestone with the grand success of the inaugural ICAI-Dubai Chapter Excellence Awards 2024-25, recognising outstanding professional achievements of its members. Launched for the first time, the prestigious awards initiative aimed to honour excellence within the CA community. The Chapter appointed a qualified excellence adviser to steer the development and execution of the awards framework, ensuring alignment with international standards. A comprehensive awards flyer, detailed award criteria and sub criteria, category-specific weightages, award submission and assessment templates were created to provide transparency and structure. The campaign saw robust promotion across multiple platforms, with extensive guidance offered to award applicants. This resulted in a strong response, with high-quality entries received across all five award categories (Best Member, CFO, Business Leader, Buddy CA & Young Achiever). An esteemed four-member award jury, selected for their expertise, conducted a rigorous and independent evaluation process, unanimously selecting one winner per category. The Awards culminated in a glittering ceremony graced by internationally renowned innovator Sonam Wangchuck, who presented trophies and elegant Montblanc pens to each winner. Jury members were also honored on stage with special trophies, adding to the celebratory spirit. This successful first cycle sets a new benchmark for excellence and recognition within the ICAI Dubai community.


Khaleej Times
34 minutes ago
- Khaleej Times
S&P and Moody's upgrade Emaar's credit ratings, citing strong financial performance
S&P Global Ratings and Moody's Ratings have upgraded Emaar Properties' long-term issuer credit ratings, reinforcing the company's position as a financially resilient and strategically agile market leader. S&P Global Ratings upgraded its long-term issuer credit rating to BBB+ from BBB, with a stable outlook, while Moody's upgraded Emaar's long-term issuer rating to Baa1 from Baa2, also with a stable outlook. These upgrades reflect Emaar's robust financial fundamentals, consistent performance, and sound strategic direction. The same S&P and Moody's rating upgrade has been applied to Emaar's senior unsecured debt. As of March 2025, Emaar reported a revenue backlog of approximately Dh127 billion ($34.6 billion), providing strong revenue and cash flow visibility through 2028. The company's recurring income portfolio continues to expand, supported by disciplined execution, resilient operations, and diversified income streams. S&P's upgrade was driven by Emaar's record-high backlog of Dh110 billion ($29.9 billion) as of December 2024, and healthy presales in the UAE of Dh65.4 billion ($17.8 billion) during 2024, alongside a net cash position, low leverage, and strong adjusted Ebitda margins. Moody's highlighted significant reduction in adjusted debt of Emaar from 2020 to March 2025 and the drop in debt to equity ratio over the same period. Mohamed Alabbar, Founder of Emaar, said: 'We are proud to receive this recognition from both S&P and Moody's, which underscores the strength of our strategy, the quality of our assets, and the discipline we maintain in financial management. These upgrades reflect not only our performance, but also the confidence in Dubai's economy and real estate market. We will continue to pursue sustainable growth, innovation, and value creation for our shareholders and stakeholders alike.' Emaar reported an interest coverage ratio of approximately 24 times for the twelve months ending March 2025 and holds Dh25.4 billion ($6.9 billion) in cash (excluding escrow balances), along with Dh7.4 billion (US$ 2 billion) in undrawn committed credit facilities, providing ample liquidity and financial flexibility. S&P noted that Emaar's strong mall, hospitality, and entertainment operations, in addition to the resilience of its real estate development business, contributed to the rating action. Dubai Mall, for instance, recorded over 111 million visitors in 2024, with overall mall portfolio occupancy of 98.5%, showcasing the strength of Emaar's recurring income-generating assets. Both agencies issued a stable outlook, reflecting their expectation that Emaar will maintain solid credit metrics, strong liquidity, and continued operational performance.