๐จ๐จ #DubaiInnovation ๐จ๐จ
๐๏ธ๐ Dubai Leads Real Estate Tokenization โ Latest Updates! ๐๐ฐ
Dubai is revolutionizing real estate through blockchain tokenization! Hereโs the latest on this game-changing initiative:
๐ต $1 Billion Partnership Signed! ๐คโจ
๐ In January 2025, DAMAC Group (a top Dubai developer) partnered with MANTRA (a blockchain platform) in a $1B deal ๐ฐ to tokenize real-world assets ๐ก๐. This will enable fractional ownership and global investment! ๐๐ฅ
๐ Source: Reuters
๐ข When Will These Assets Be Available? ๐๏ธ๐
๐ DAMACโs tokenized real estate will go live in early 2025 on MANTRA Chain ๐๏ธ. This will allow investors worldwide to buy and trade real estate via blockchain! ๐๐ณ
๐ Source: Mantra Chain
๐ Regulatory Green Light! โ ๐ฆ๐ช
๐ก๏ธ In February 2025, MANTRA secured a Virtual Asset Service Provider (VASP) license from Dubaiโs Virtual Assets Regulatory Authority (VARA) ๐ฆ๐. This gives them the legal go-ahead to run a Virtual Asset Exchange and offer Broker-Dealer & Investment Services! ๐ผ๐
๐ Source: Cointelegraph
๐ฎ What This Means for the Future? ๐ก๐
๐ Dubai is leading the way in blockchain-powered real estate ๐๏ธ๐, making property investment more accessible, transparent, and efficient! ๐๐ก With strong regulations and massive funding, this could soon become the global standard! ๐๐ฐ
๐ก Would you invest in tokenized real estate? Letโs discuss! ๐ฌ๐
