Ripple Custody Secures $5M+ in Dubai Tokenized Real Estate Assets
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Dubai Land Department has initiated secondary trading for tokenized real estate utilizing the XRP Ledger, with all transactions secured by Ripple Custody. The project now allows resale of 7.8 million property tokens after its pilot phase, significantly advancing real-world asset adoption in the region.
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- Dubai Land Department activates secondary trading for tokenized real estate assets.
- All transactions settle on the XRP Ledger with Ripple Custody security.
- 7.8 million property tokens from pilot phase now eligible for resale.
Dubai’s blockchain real estate experiment has entered a new phase, and the XRP Ledger is at the center of it. On February 20, 2026, the Dubai Land Department and Ctrl Alt announced the launch of Phase Two of Dubai’s Real Estate Tokenization Project.
The update introduces controlled secondary market trading for tokenized properties, with all on-chain transactions executed on the XRP Ledger and secured through Ripple Custody. The development marks a major step for Ripple’s infrastructure footprint in real-world assets. “This is a massive step for real-world asset adoption in Dubai,” Ripple Exec Reece Merrick said.
From Pilot to Tra…
Read The Full Article Ripple Custody Secures $5M+ in Dubai Tokenized Real Estate Assets On Coin Edition.
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