Ripple Expands Into Dubai’s Real Estate Market — First Public Blockchain-Based Property Deeds in the Middle East
Ripple, the issuer of XRP, has officially entered Dubai’s real estate market.
In partnership with local firm Ctrl Alt, Ripple’s institutional custody tech will be used to tokenize and securely store property ownership on-chain — the first time a Middle Eastern government has issued tokenized property deeds on a public blockchain.
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Groundbreaking move by Dubai into public blockchain-based real estate documentation
Ctrl Alt, licensed as a VASP by Dubai’s VARA, will issue and manage these tokenized deeds.
Ripple, which already operates in Europe, Asia, and South America, now expands into the UAE digital asset market.
The firm also holds over 60 global licenses and is partnering with Zand Bank, Mamo, and pushing forward the rollout of its regulated stablecoin RLUSD.
