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Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger


Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger

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  • Dubai begins issuing real estate title deeds on XRP Ledger via Ripple and Ctrl Alt.
  • Ripple provides secure digital asset custody for DLD’s tokenized property initiative.
  • Ctrl Alt gains VARA license, enabling full on-chain lifecycle for real estate tokens.

The Dubai Land Department (DLD) has begun issuing tokenized real estate title deeds on the XRP Ledger, a landmark initiative that marks the first time a government real estate authority in the Middle East has adopted a public blockchain for property records.

The government-backed project is a partnership between the DLD, the tokenization provider Ctrl Alt, and the crypto giant Ripple, which will provide institutional-grade custody for the tokenized assets. The move is designed to introduce fractional ownership of property and improve accessibility for investors. 

A Partnership to Bridge Real E…

The post Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger appeared first on Coin Edition.

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$ 0.0744

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$ 1.09

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$ 0.00731

+1.06%

$ 0.00...361

$ 0.0869


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