UAE leads in number of tokenized real estate assets as Mantra Chain dominates network share
RWA.XYZ data shows tokenized real estate reached $356.2 million (past 30 days) across 57 assets in 10 countries, held by over 10,000 addresses. The UAE leads by number of tokenized real estate assets (23 assets, $129M), while the US leads by value (10 assets, $145M). Mantra Chain — a UAE-regulated tokenization network — tokenized the largest share ($117.7M), followed by Base ($81.5M) and Stellar ($71.7M). Ctrl Alt led platforms by total value ($124M). Notable UAE properties tokenized include World Islands projects, DAMAC City tower, Dubai Marina Hotel (on XRP Ledger), Kensington Waters and Sobha Creeks. While still small versus stablecoins ($293B) and stocks ($942M), forecasts (eg. Deloitte) project tokenized real estate could grow from under $300B in 2024 to over $4T by 2035 (CAGR ~27%), with tokenized real estate debt expected to be the largest segment. Regional development includes Saudi Arabia building a tokenized property registry with SettleMint and Proptech sandbox activity. Key takeaways for traders: growing institutional and jurisdictional adoption (UAE, US, KSA) is increasing infrastructure and liquidity for real-world asset (RWA) tokens; network and platform concentration (Mantra Chain, Ctrl Alt) may concentrate risk and opportunity; market size remains nascent but has high long-term growth projections that could drive demand for related tokens and stablecoins used in settlements.
Bullish
The news is bullish for crypto markets that support real-world asset (RWA) tokenization because it signals growing institutional and jurisdictional adoption, clearer regulatory frameworks (UAE-regulated Mantra Chain) and expanding infrastructure (platforms like Ctrl Alt, networks such as Base and Stellar). These developments improve on-ramps, custody, and market credibility — factors that typically increase demand for associated network tokens, tokenization platforms and settlement stablecoins. Although the market remains small relative to stablecoins and equities, the cited forecasts (CAGR ~27% to 2035) indicate a large long-term addressable market, which can attract capital and drive secondary-market liquidity over time. Short-term impacts are likely modest: tokenized real estate assets remain niche and concentrated (few networks and platforms hold most value), so token prices may react positively in targeted sectors (platform tokens, stablecoins) but broader crypto indices may see limited immediate effect. Over the medium to long term, increasing tokenized real estate issuance, regulatory validation in the UAE and Saudi moves could support greater institutional flows and product innovation (REIT-like tokens, debt securities), improving liquidity and utility for tokens tied to those networks. Risks: concentration risk (Mantra Chain, Ctrl Alt), regulatory divergence across jurisdictions, and slow secondary-market adoption could dampen outcomes. Overall, the balance of increased infrastructure, regulatory clarity and optimistic market projections makes the net impact bullish for RWA-linked crypto assets.