🇦🇪 Dubai Just Made XRP Ledger the Official Settlement Layer for a Sovereign Real Estate Market! While the rest of the industry is still arguing about “real-world assets,” Dubai already ran the experiment and published the results. Ten properties. AED 18.5 million tokenized. One villa sold out in under five minutes to investors from 40 countries. Every settlement cleared on the XRP Ledger, secured by Ripple Custody. Phase II is now live: 7.8 million property tokens trading on secondary markets — still on the same ledger. The official target from the Dubai Land Department: AED 60 billion tokenized by 2033. That’s roughly 7% of all property transactions in one of the world’s most dynamic real-estate markets. This a government-backed program treating XRPL as production infrastructure for title deeds and fractional ownership. The next wave of RWA winners won’t be the ones who simply tokenize a building. They’ll be the ones who build on the chain a G20 city already chose.
PumpiusShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.