Palm Global Technologies, a leader in blockchain and AI-driven financial solutions, has partnered with Abu Dhabi-based Promax United LLC to launch Palm Promax Investments. This joint venture aims to revolutionize global finance by creating the world's largest portfolio of real-world asset-backed investment products, including fixed-income funds and stablecoins. The initiative involves tokenizing over $1.5 trillion in AA and AAA-rated assets, with an initial infusion of approximately $350 billion in U.S. gold-based assets to back its offerings. With support from more than fifteen sovereign partnerships, Palm Promax seeks to provide a globally recognized, gold-backed stablecoin, facilitating international trade, especially for nations with less widely accepted currencies. The venture also plans to integrate environmental assets like carbon credits and biodiversity reserves into its platform, aligning financial innovation with sustainability goals.