XRP<\/a> Ledger. Property deed tokenization allows assets to be converted into fractional digital units, enabling global trading. Investors can now purchase a share in a property for as little as AED 2,000.<\/p>\nThe initiative is developed in partnership with Ctrl Alt and operates via the PRYPCO Mint platform. It lowers traditional entry barriers into real estate and offers enhanced transparency by leveraging a public blockchain.<\/p>\n
In the long term, Dubai authorities project that tokenized property will account for 7% of total real estate transactions, amounting to AED 60 billion by 2033. The direct involvement of the Dubai Land Department ensures a robust legal framework, setting this project apart from similar efforts in other regions.<\/p>\n
This move could accelerate blockchain adoption in the real estate sector and serve as a model for other jurisdictions aiming to digitize physical assets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dubai is taking a major step toward the future of digital real estate with the launch of a government-backed property tokenization project built on the XRP Ledger. Property deed tokenization allows assets to be converted into fractional digital units, enabling global trading. Investors can now purchase a share in a<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[99,98],"class_list":["post-37931","post","type-post","status-publish","format-standard","hentry","category-news","tag-en","tag-news"],"acf":[],"yoast_head":"\n
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\n <\/p>\n