What Palm Global Technologies does

Palm Global Technologies Ltd. is a Dubai-headquartered digital financial services platform founded in 2025, with additional offices in San Francisco, Singapore, and Hong Kong, and a stated team of 43+ members. The company builds next-generation infrastructure for the tokenization of real-world assets (RWA), anchored by a joint venture called Palm Promax Investments (PPI) with Promax United that combines Palm Global's blockchain, AI, and DeFi technology with a stated $350 billion U.S. gold asset base and a stated ambition to tokenize over $1.5 trillion in AA/AAA-rated assets including gold, fisheries, and infrastructure. The product stack spans the Palm Platform tokenization engine, gold-backed stablecoins issued at 1:1 with 105% overcollateralization and Chainlink-based proof-of-reserve, overcollateralized digital bonds, a permissioned sovereign-grade blockchain, a DeFi Super App for emerging markets (combining a digital wallet, end-to-end encrypted messaging, KYC digital identity, and an AI Digital Human for financial education), and a Digital Transformation Fund for ecosystem investment.

Palm Global serves a deliberately dual-sided customer base: institutional and sovereign counterparties on the supply side (sovereign governments, particularly across 15 African countries, seeking AfCFTA settlement and national digital currency infrastructure, plus institutional investors seeking regulated access to private assets), and unbanked populations and smallholder farmers on the demand side (targeting the 1.7 billion unbanked adults globally and tens of millions of farmers across Africa, Southeast Asia, and the Americas). Distribution is a B2B2C and B2G model executed through sovereign and NGO partnerships, including the Vatican (Dicastero per la Cultura e l'Educazione), UN-affiliated IIMSAM, Pro-Natura International, and the Peace for Life Foundation, supplemented by the mobile Super App for self-serve end-user adoption.

The business model is transaction- and issuance-fee-based, with revenue streams from RWA tokenization, stablecoin issuance and redemption, digital bond issuance, platform/SaaS fees for Super App access, and revenue sharing with sovereign and institutional distribution partners. Pricing is not publicly disclosed. The company has raised no disclosed external funding rounds; its principal capital event to date is a February 2025 Letter of Intent for Above Food Ingredients (Nasdaq: ABVE) to acquire Palm Global at an approximately $180 million share-exchange valuation, with closing pending as of the latest data. Leadership is led by Peter Knez (former Co-CIO of BlackRock) as CEO and Muayad Kafesha as Founder and President, with a board that includes Dubai royal family representation and an advisory board chaired by Hunter Lee Soik.

Name

Palm Global Technologies

Legal name

Palm Global Technologies Ltd.

Website

https://palmglobal.ai

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Palm Global Technologies is a Dubai-headquartered digital financial services platform that tokenizes real-world assets (anchored by a $350B gold asset base) and issues gold-backed stablecoins and digital bonds. It serves sovereign governments, institutional investors, unbanked populations, and smallholder farmers across Africa, Southeast Asia, and the Americas.

Ownership category

akta.pro rank

Product category

Blockchain-based Digital Financial Services / Real-World Asset Tokenization

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Asset-Backed Securities (6189)

akta.pro primary industry

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)

akta.pro secondary industries

Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL), Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC), Digital/Robo Financial Planning (FSAEAAAK)

Keywords

• Real-world asset tokenization
• Gold-backed stablecoins
• Decentralized finance platform
• Digital financial inclusion
• Blockchain financial services

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Digital Securities Issuance & Tokenization Fees: Revenue from tokenizing real-world assets (gold, infrastructure, fisheries) into digital securities. Creates liquidity and investment opportunities in private assets through SPV structures, charging fees for asset digitization and issuance.
2. Stablecoin Transaction Fees: Fees from issuance and redemption of gold-backed stablecoins. Dual redemption mechanism (physical gold or fiat via financial partners) generates transaction fees. Overcollateralized model (105%) ensures redemption integrity.
3. Digital Bond Issuance: Revenue from overcollateralized digital bonds backed by gold assets. Programmable smart contracts for sovereign-grade bonds with cross-border settlement capabilities.
4. Platform/SaaS Fees: Super App platform fees for financial services access, digital wallet management, and AI-driven financial education services. Subscription/usage fees for DeFi services in emerging markets.
5. Distribution & Partnership Revenue: Revenue sharing with sovereign partners, governments, and institutional distributors across 15 African countries and other regions. Global distribution network integration with traditional financial products (ETFs, Structured Products).

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Palm Global Technologies builds a next-generation digital financial services platform that tokenizes real-world assets (gold, fisheries, infrastructure) into regulated digital securities and issues gold-backed stablecoins and digital bonds via the Palm Promax Investments (PPI) joint venture. The platform also delivers a mobile-first DeFi Super App combining a digital wallet, end-to-end encrypted messaging, digital identity for KYC, and an AI-powered Digital Human for financial education to serve unbanked populations and smallholder farmers.

Product overview

Palm Global Technologies operates as a unified next-generation digital financial services platform built around RWA tokenization. The core Palm Platform serves as the foundational technology layer powering the Palm Promax Investments (PPI) joint venture platform, which transforms over $1.5 trillion in AA/AAA-rated real-world assets (gold, fisheries, infrastructure) into regulated digital securities. The Palm DeFi Super App delivers these services to end users via mobile-first applications incorporating Digital Wallet, Digital Identity, and AI-powered Digital Human features. Gold-Backed Stablecoins and Digital Bonds are issued through the PPI infrastructure, anchored by the Gold Project asset base. The ecosystem is unified by AI-driven automation for asset onboarding, compliance, and portfolio management, with physical kiosk and mobile interfaces extending accessibility to underserved populations across Africa, Southeast Asia, and the Americas.

Differentiator

Problem solved

Functional benefit

Brands

• Palm Promax Investments (PPI): A next-generation digital fixed income platform enabling at-scale tokenization of real-world assets (gold, fisheries, infrastructure) into rated, regulated, tradable digital securities. Launching with $350B in U.S. gold-based assets with a vision to tokenize over $1.5 trillion in AA/AAA-rated RWA backed by sovereign partnerships. A joint venture with Promax United.

Products and services

• Palm Promax Investments (PPI) Next-generation digital fixed income platform and joint venture with Promax United that enables at-scale tokenization of real-world assets (gold, fisheries, infrastructure) into AA/AAA-rated, regulated, tradable digital securities for institutional investors and sovereign governments.
• Palm DeFi Super App Mobile-first application designed for emerging markets that unifies decentralized messaging, digital wallet functions, digital identity for KYC, and AI-driven financial education to drive financial inclusion and empower smallholder farmers and unbanked users.
• Gold-Backed Stablecoins 1:1 LBMA-certified physical gold-backed stablecoins with 105% overcollateralization, supported by real-time Chainlink oracle proof-of-reserve, and a dual redemption mechanism allowing holders to redeem for physical gold or equivalent fiat value.
• Digital Bonds Overcollateralized digital bonds backed by gold assets, offering enhanced liquidity, trust, and cross-border settlement capabilities for sovereign-grade securities.
• Palm Platform

Quantifiable outcome

• Access to 1.7 billion unbanked adults globally
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

• MOVAminorStrategic or Co-development Partner · 28 October 2025Strategic partnership showcased at Dubai Summit focused on digital asset tokenization and blockchain technology. USD1SWAP partnered with MOVA to pioneer new era of digital assets, with USD1SWAP emphasizing liquidity solutions and role as bridge to traditional finance.
• Promax United Investment LLCcoreStrategic or Co-development Partner · 7 May 2025Critical joint venture partnership combining Palm Global's technology with Promax United's significant real-world assets, advanced infrastructure technology, and extensive global government relationships. Launched Palm Promax Investments (PPI) joint venture with $350B gold asset base and vision to tokenize $1.5T in AA/AAA-rated RWA. Joint digital investment platform and stablecoin launch.
• IIMSAM (Intergovernmental Institution for Malnutrition)flagshipStrategic or Co-development Partner · 6 February 2025UN-affiliated Intergovernmental Institution targeting malnutrition. Muayad Kafesha serves as Deputy Secretary General (Observer to UN, ECOSOC). Partnership leverages IIMSAM's intergovernmental relationships to drive adoption across Africa, Latin America, and Southeast Asia.
• Peace for Life FoundationcoreStrategic or Co-development Partner · 6 February 2025Global NGO partnership to accelerate adoption of Palm Global's technology by farmers. Supports financial inclusion and economic empowerment initiatives in underserved markets.
• Pro-Natura InternationalcoreStrategic or Co-development Partner · 6 February 2025Global organization supporting sustainable development. Partnership extends Palm Global's reach in large parts of Africa, Latin America, and Southeast Asia through sustainable agriculture programs.
• Dicastero par la Cultura e l'Educazione (Roman Curia/Holy See)flagshipStrategic or Co-development Partner · 6 February 2025Part of Roman Curia and Holy See of Catholic Church. Vatican collaboration focused on AI-driven education, sustainable agriculture, and financial inclusion aligned with Pope Francis's Seven Global Commitments. Visit to Vatican to explore collaboration demonstrates high-profile strategic alignment.
• Alpha MBM Investment LLCcoreStrategic or Co-development Partner · 6 February 2025Investment partner supporting Palm Global's technology deployment and market expansion. Contributes to strategic partnerships and ecosystem development.
• ChainlinkcoreTechnology or IntegrationTechnology integration for real-time, on-chain proof-of-reserve and continuous auditability. Chainlink oracle integration streams vault data on-chain, providing transparent, immutable proof of gold backing for stablecoins and digital bonds.

Scale indicators8 records

Recent moves7 records

Expansion highlights7 records

Market position

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Palm Global Technologies