Friday, May 30, 2025

"Dubai government launches tokenized real estate platform"

From Ledger Insights, May 26:

Dubai has become the first city in the Middle East to implement government backed real estate tokenization, with the Dubai Land Department (DLD) launching its pilot platform through Prypco Mint. The real world asset (RWA) tokenization initiative involves putting property deeds on a blockchain, allowing investors to purchase fractional shares in Dubai properties starting from AED 2,000 ($545). The project operates through a strategic partnership between Dubai Land, Prypco, and Ctrl Alt Solutions, with regulatory oversight from the Virtual Assets Regulatory Authority (VARA) and the Central Bank of the UAE....

....MUCH MORE 

Starting to think there may be something to this whole tokenization thing.

Here's a quick search of the blog, most recent on top.