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Arry Hashemi
Arry Hashemi

Dubai Launches $16 Billion Real Estate Tokenization Platform on XRP Ledger

Dubai has launched a blockchain-based platform that will enable the tokenization of property assets using the XRP Ledger. The initiative, backed by the Dubai Land Department (DLD), aims to tokenize up to $16 billion worth of property by 2033, representing roughly 7% of the city’s total real estate market, signaling a major commitment to digital transformation and global investment accessibility.