The Trump Organization and London-listed luxury real estate developer Dar Global are launching a tokenized luxury hotel development project in the Maldives, one of the world's most unique vacation destinations.
According to a joint announcement on Monday, the Trump Organization and Dar Global are tokenizing the development of a luxury hotel project, introducing "unprecedented financial innovation."
Unlike most tokenized real estate projects that fractionalize ownership of completed or nearly completed properties, this plan will allow investors to gain investment opportunities at the earliest stages of development.
The new resort, Trump International Hotel Maldives, is scheduled to open by the end of 2028. Located a 25-minute speedboat ride from Malé, the resort will feature approximately 80 luxury beachfront villas and overwater villas, catering to travelers seeking "the highest level of privacy, uniqueness, and refined experiences."
The development plan aims to leverage the emerging field of real-world asset tokenization, which mints tangible assets on a blockchain ledger, providing greater investor access through fractional shares and around-the-clock trading opportunities.
Eric Trump, Executive Vice President of the Trump Organization, stated that this new resort development plan will set a "new benchmark" for tokenized real estate investment.
"This development project will not only redefine the luxury standards in the region but will also set a new benchmark for innovation in real estate investment through tokenization," he said.
The Trump Organization did not immediately respond to requests for comments on what specific investment opportunities will be offered through the tokenization model.
Ziad El Chaar, CEO of Dar Global, stated: "The tokenization of Trump International Hotel Maldives marks a global first, integrating luxury, innovation, and technology in a way that will change the way the world invests in the hospitality industry."
This move comes as Trump-related cryptocurrency projects have gained attention during U.S. President Donald Trump's second term. As of October 16, the Trump family's crypto-related businesses, including World Liberty Financial (WLFI) and the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens, reported approximately $1 billion in pre-tax profits.
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Original article: “Trump Organization to Tokenize Maldives Resort Development Project to Attract Early Investors”
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