🏗️
$XRP : Dubai Real Estate Goes On-Chain via XRP Ledger
Dubai has officially cemented its status as the global capital of RWA (Real World Assets). In a historic move, the Dubai Land Department (DLD) has launched Phase Two of its real estate tokenization project, powered directly by the XRP Ledger.
This isn't just news; it’s a structural shift in how institutional capital enters the blockchain space.
🔹 What’s New in Phase Two?
Secondary Market Trading: For the first time, approximately 7.8 million real estate tokens (representing fractional property ownership) are eligible for resale in a controlled, regulated secondary market.
XRPL Integration: All on-chain transactions and property title management are recorded on the XRP Ledger, leveraging its speed and low cost for high-volume settlement.
Institutional Security: The project uses Ripple Custody (via partners like Ctrl Alt) to ensure government-grade security for digital ownership records.
🌍 Why This Matters for
$XRP Holders
While the market often focuses on retail hype, this project represents real-world utility at a sovereign level. By integrating with the DLD registry, the XRPL is now the backbone of Dubai's "Real Estate Sector Strategy 2033," which aims to digitize billions in property assets.
🔍 The Big Question:
Is this the start of a massive institutional flood into the RWA market, or just the beginning of a long testing phase? One thing is certain: the bridge between traditional finance and crypto is being built in Dubai, and it’s being built on XRP.
Do you think other global cities will follow Dubai’s lead? 👇
Disclaimer: For reference only. Not financial advice.
#XRP #Ripple #RWA #Dubai #RealEstate #CryptoNews
#XRPL $XRP