#xrp #Binance
๐๏ธ Dubai Launches Real Estate Tokenization Platform on $XRP Ledger ๐ ๐ก
๐ Dubai has officially launched Prypco Mint, a groundbreaking real estate tokenization platform built on the XRP Ledger ! ๐ฆ๐ช๐ป This initiative is set to tokenize up to $16 billion worth of real estate 7% of the city's market by 2033. ๐๐ข
๐ Key Features
๐น Fractional Ownership: Start investing in Dubai real estate for as little as AED 2,000 (~$540). ๐งฑ๐
๐น Blockchain-Powered: Property deeds are tokenized and synced with Dubai Land Department (DLD) records in real-time. โฑ๏ธ๐งพ
๐น Regulated & Secure: Backed by the UAE Central Bank, VARA, and the Dubai Future Foundation. ๐ก๏ธ๐๏ธ
๐น Currently for UAE Residents: Transactions in AED, with global expansion planned. ๐๐ณ
๐ท Why $XRP Ledger?
โก Fast โ 3-5 second transaction time
๐ธ Cheap โ Fraction-of-a-cent fees
๐ Scalable โ 1,500 transactions per second
๐ฑ Green โ Energy-efficient consensus model
๐ฆ Trusted โ Strong institutional ties
Dubai chose XRPL over blockchains like Bitcoin due to these real-world advantages! ๐๐
๐ค Binanceโs Role
While not a developer of the platform, Binance has supported awareness by sharing news and analysis on how $XRP adoption in real estate could reshape digital asset markets. ๐ฐ๐ฒ
๐ฃ What This Means
Dubai is setting a global example for how blockchain + real estate can unlock accessibility, liquidity, and trust in one of the worldโs most dynamic property markets. ๐๐ผ
๐ฌ Want to buy real estate in Dubai like buying stock in Apple? Now you can with just your phone and a few hundred dirhams. ๐ฑ๐