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DroppRWA secures $12.5 billion in mandates to tokenize Saudi real estate


DroppRWA secures $12.5 billion in mandates to tokenize Saudi real estate

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DroppRWA has secured $12.5 billion in mandates to bring real estate onto the blockchain and plans to expand tokenization into the energy and manufacturing sectors, marking a major RWA adoption milestone in crypto. Led by chairman Faisal Monai, architect of Saudi Arabia’s national digital payments system, the move could accelerate DeFi and DEX liquidity, institutional adoption and cross-sector blockchain funding.

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DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by...
Read the article at CryptoPolitan

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