{"id":162966,"date":"2025-07-16T21:00:32","date_gmt":"2025-07-16T18:00:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162966"},"modified":"2025-07-16T17:45:23","modified_gmt":"2025-07-16T14:45:23","slug":"ripple-powers-uaes-first-tokenized-real-estate-project-via-xrpl","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-powers-uaes-first-tokenized-real-estate-project-via-xrpl\/","title":{"rendered":"Ripple Powers UAE\u2019s First Tokenized Real Estate Project via XRPL"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/ripple.com\/ripple-press\/ripple-expands-global-custody-footprint-into-middle-east-with-ctrl-alt\/\" rel=\"nofollow\">collaboration<\/a><\/strong> will see Ctrl Alt utilize Ripple\u2019s digital asset custody technology to securely store tokenized property title deeds on the XRP Ledger (XRPL).<\/p>\n<p>The initiative, led by the Dubai Land Department (DLD), represents the first time a Middle Eastern government entity has tokenized real estate title deeds on a public blockchain. By leveraging the scalability and security of the XRPL, the project aims to transform property ownership and investment in Dubai, positioning the emirate as a global leader in blockchain-based real estate innovation.<\/p>\n<h2>Ripple\u2019s regional expansion<\/h2>\n<p>Ripple\u2019s partnership with Ctrl Alt marks its first major digital asset custody deal in the UAE, reflecting rising demand for secure, compliant infrastructure in the region. Ripple now serves institutional custody clients across Europe, the Middle East, Africa, Asia-Pacific, and Latin America. Reece Merrick, Managing Director of Ripple for the Middle East and Africa, hailed the DLD initiative as a benchmark for public-sector blockchain adoption and praised the XRPL\u2019s role in powering institutional-grade financial use cases.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-1886\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dubai.jpg\" alt=\"\" width=\"1080\" height=\"650\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dubai.jpg 1080w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dubai-300x181.jpg 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dubai-1024x616.jpg 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dubai-768x462.jpg 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\"><\/p>\n<h2>Ctrl Alt\u2019s regulatory milestone and vision<\/h2>\n<p>Ctrl Alt recently became the first Virtual Asset Service Provider (VASP) licensed by Dubai\u2019s VARA to offer issuer-related services. This enables the company to deliver end-to-end real-world asset tokenization\u2014from issuance to custody, on-chain settlement, and full lifecycle management. According to Ctrl Alt founder Matt Ong, the decision to partner with Ripple stems from the company\u2019s robust security standards and trusted technology stack.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-162636\" href=\"https:\/\/cryptodnes.bg\/en\/how-can-you-tell-when-its-altcoin-season\/\" title=\"How Can You Tell When it&#8217;s Altcoin Season?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-altcoins-1-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Can You Tell When it&#8217;s Altcoin Season?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>By enabling secure tokenization and custody of real estate assets, the Ripple\u2013Ctrl Alt partnership opens the door for broader global access to Dubai\u2019s property market, lowering entry barriers and enhancing transparency. The project is a flagship example of how public-private collaboration can drive blockchain innovation at scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple has taken a major step in expanding its institutional digital asset infrastructure in the Middle East by partnering with Ctrl Alt to support Dubai\u2019s first government-backed real estate tokenization initiative.<\/p>\n","protected":false},"author":7,"featured_media":35028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23],"tags":[223],"coin_category":[],"class_list":["post-162966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ripple Powers UAE\u2019s First Tokenized Real Estate Project via XRPL<\/title>\n<meta name=\"description\" content=\"Ripple has taken a major step in expanding its institutional digital asset infrastructure in the Middle East by partnering with Ctrl...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/ripple-powers-uaes-first-tokenized-real-estate-project-via-xrpl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple Powers UAE\u2019s First Tokenized Real Estate Project via XRPL\" \/>\n<meta property=\"og:description\" content=\"Ripple has taken a major step in expanding its institutional digital asset infrastructure in the Middle East by partnering with Ctrl...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" 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