Dubai Real Estate Tokenized

Dubai government has launched a pilot scheme to provide investors with fractional ownership in real estate, a move which will significantly open up market to speculative investor seeking to participate in the growth opportunities of the sector.

A win for XRP in this case where the platform will tokenize deeds on the XRP Ledger network, notably not on a Bitcoin network.

We expect to see further developments in tokenization of other assets within the UAE as the country moves forward on their adoption of digital assets in government and the private sector.