Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative

CN
11 hours ago

This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger (XRPL), marking a significant advancement in the region’s digital asset infrastructure. As the first major custody partner in the UAE, Ripple aims to enhance the compliance and security of digital asset management in the area. The DLD’s initiative is set to revolutionize property investment in Dubai by allowing fractional ownership and broadening investor participation, positioning the city as a leader in the global digital asset market.

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