Ripple UAE Real Estate Tokenization and Custody Deals
Ripple is expanding its XRP Ledger use in the UAE with government-backed real estate tokenization and custody deals. First, it partnered with Ctrl Alt to support the Dubai Land Department’s property deed tokenization project, using Ripple custody tech for the RLUSD stablecoin. Ctrl Alt, now a VARA-licensed VASP, enables fractional ownership of real estate assets. More recently, Ripple signed two agreements: a pilot with Abu Dhabi developer Roshn for fractional property ownership on the XRP Ledger and a custody partnership with Tradix for tokenized securities. These initiatives aim to tokenize $200 million in UAE real estate assets by year-end under the ADGM regulatory sandbox. The deals build on Ripple’s DFSA crypto payments license and integrations with Swiss bank AMINA and BNY Mellon. Traders may see increased XRP demand and liquidity as XRP Ledger gains government and institutional adoption.
Bullish
Ripple’s government-backed real estate tokenization projects and new custody partnerships in the UAE strengthen XRP Ledger’s institutional use cases. Tokenizing up to $200 million in assets and securing regulatory approvals under ADGM and DFSA creates clear on-chain demand. In the short term, announcements may spark speculative buying and positive price momentum for XRP. Over the long term, expanding network adoption by state entities and financial institutions could increase transaction volume and liquidity, underpinning sustained XRP demand.