Circle has initiated its IPO on the NYSE, with 24 million shares available. Michael Saylor cautions against proof-of-reserves, citing security risks. Dubai introduces the Middle East's first tokenized real estate project, allowing trading on the Prypco Mint platform. The project, backed by the DLD and UAE Central Bank, enables investors to purchase tokenized property shares starting at $545. Transactions will be in AED during the pilot phase, with plans for global expansion. Dubai aims to attract global investors and boost liquidity in the real estate market through tokenization. Major US banks like JPMorgan and European banks are involved in Circle's IPO. Saylor emphasizes the importance of security measures in the crypto industry, highlighting past exchange collapses. VARA in Dubai now permits RWA token trading, signaling a growing interest in real-world asset tokenization. Read more AI-generated news on: https://app.chaingpt.org/news

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