DESK Token has been unveiled as a hybrid security-and-utility digital asset designed to combine real-world yield with functional utility. Notably, the token will be backed by income-generating real estate assets, including Grade A offices and coworking spaces, while also enabling access to a global on-demand workspace network. As a result, the model introduces a new asset class that links tokenised real estate exposure with practical, day-to-day usage.
Moreover, Hotdesk will serve as the anchor utility partner, enabling token holders to access more than 2,300 workspaces across over 81 countries. Consequently, holders will be able to book, work, and collaborate globally through a single digital asset, supporting flexible and borderless working patterns.
Regulated structure and ecosystem backing
The initiative is structured to follow a fully regulated pathway. Accordingly, EmCoin plans to support DESK Token within its compliant digital-asset ecosystem. In addition, institutional backing is being reinforced through ecosystem partners including Al Maryah Community Bank (Mbank) and Singularity Venture Hub, strengthening governance, security, and market credibility.
Furthermore, the initiative aligns with Abu Dhabi’s broader strategy to advance digital-economy innovation. By integrating regulated token infrastructure with a rapidly scaling global workspace platform, the project aims to create a functional bridge between digital finance and the evolving future of work.
Utility-driven digital asset model
DESK Token is designed as a real-world asset-backed digital asset with immediate usability. Therefore, it is positioned to serve investors, businesses, freelancers, creators, and globally distributed teams seeking both yield exposure and operational flexibility. The platform is being developed from Abu Dhabi with a global deployment focus.
Mohamed Khaled, Founder & CEO of Hotdesk, and Co-Founder & President of DESK Token, said:
“Our goal is to launch the world’s first hybrid token ICO from the heart of Abu Dhabi, subject to all required regulatory approvals. DESK Token is a hybrid digital asset initiative supported by a consortium of partners, including Hotdesk, MBank, EmCoin, and Singularity Venture Hub, and is designed to be backed by real-world assets that generate returns, deliver real-world utility, and create real value. This vision can only be achieved through Abu Dhabi’s forward-thinking regulatory framework and innovation-driven ecosystem, and uniquely enabled through collaboration with EmCoin, the UAE’s first SCA-licensed virtual asset service provider.”
Yasin Arafat, Chief Operating Officer of EmCoin, said:
“By collaborating with Hotdesk, we are bringing a pioneering workspace platform into the blockchain world through a new hybrid token that combines practical everyday utility across a global network, with underlying real-world asset backing.”
