- Ripple partners with Ctrl Alt to provide secure custody for tokenized property titles on the XRP Ledger.
- Dubai Land Department becomes the first Middle East government agency to use public blockchain for title deeds.
- Tokenized property investments open new opportunities for global investors with fractional ownership starting at AED 2,000.
In a landmark collaboration, Ripple has joined forces with Ctrl Alt to revolutionize property ownership in Dubai through blockchain technology.
The partnership has already gained traction with multiple properties sold via the PRYPCO Mint platform, a licensed initiative that allows fractional ownership of high-value real estate.
Ripple Secures Landmark Role in Dubai’s Tokenized Real Estate Future
This initiative offers an inclusive investment model, democratizing access to one of the world’s most prestigious real estate markets. Fractionalization allows a broader investor base to benefit from capital appreciation and rental yields without the burden of full ownership. Dubai’s regulatory clarity through VARA enhances the security and transparency of these transactions, encouraging both institutional and retail participation.
Ctrl Alt, Ripple’s local partner, brings its proven expertise in tokenizing over $325 million worth of assets, ranging from real estate to litigation finance. Its newly secured Virtual Asset Service Provider (VASP) license further strengthens compliance standards. Together, Ripple and Ctrl Alt are combining global-grade blockchain infrastructure with regional insight to deliver seamless execution of tokenized real estate investments.
The use of the XRP Ledger ensures fast, transparent, and tamper-proof recordkeeping, making it ideal for title deed management. As investors grow increasingly comfortable with blockchain-backed assets, the efficiency gains from this initiative may set the groundwork for real estate exchanges and peer-to-peer trading of tokenized properties in the near future.
This move is also part of Ripple’s larger regional strategy, following licensing success with the Dubai Financial Services Authority (DFSA) and partnerships with Zand Bank and Mamo. Ripple’s involvement in the custody layer solidifies its reputation as a trusted partner for governments and enterprises exploring digital transformation.
Dubai’s bold foray into real estate tokenization, backed by Ripple’s custody technology, not only reshapes property ownership but also redefines the global blockchain landscape.
“The future belongs to those who prepare for it today.” – Malcolm X
Ripple and Dubai are preparing for that future—one digital title at a time.