Dubai Land Department Unveils First-of-Its-Kind Property Token Ownership Certificate

Dubai Land Department unveils first-of-its-kind Property Token Ownership Certificate

Dubai Land Department has launched the world’s first Property Token Ownership Certificate, following the successful sale of the first tokenized real estate project on the ‘Prypco Mint’ platform — licensed by VARA — within just one day of launch. This milestone further reinforces Dubai’s position as a global leader in real estate innovation and digital transformation. The first project launched under the Real Estate Tokenization Initiative attrac…

Dubai Unveils Real Estate Tokenization Platform on XRP Ledger Amid $16B Initiative

The new platform lets investors buy fractional ownership in Dubai property, with title deeds tokenized on the XRP Ledger network. What to know: Dubai government agency debuted its first real estate tokenization platform, teaming up with real estate fintech Prypco and infrastructure provider Ctrl Alt. The Prypco Mint platform tokenizes title deeds on the XRP Ledger, syncing with official property records. The platform builds on the agency’s init…

Dubai issues Middle East's first tokenised property certificate

Blockchain real estate begins Successful Dubai pilot phase Future market shift Dubai has issued its first tokenised property certificate, moving tokenisation of real estate from the realm of theory to practice. Tokenisation is the process of creating and trading digital tokens that are backed by real-world assets on a blockchain. It enables direct and verifiable peer-to-peer transactions. The certificate’s launch follows the successful sale of t…

Hyperscale Data’s Subsidiary To Launch XRP Lending Platform For Public Firms

XRP loans to be offered only to NYSE and NASDAQ-listed firms starting Q3 2025. Loans will be secured by assets or converted into stock and posted on the XRP Ledger. XRP futures on CME will be used to hedge risk and manage market exposure. Ault Capital Group, a subsidiary of Hyperscale Data, has revealed plans to introduce a beta version of an XRP-based lending platform in the third quarter of 2025. The new platform will target publicly traded fi…

Lumia: Turning Real-World Assets Into Liquid Digital Opportunities

“If there’s no liquidity, there’s no point in tokenization.” That core belief drives Lumia’s mission—to unlock global real estate and financial assets by bringing hyper liquidity to traditionally illiquid markets. Their first milestone? The tokenization of Lumia Towers in Istanbul, which is set to go on-chain within months. This marks a historic moment—allowing anyone, anywhere to invest in international real estate, without borders or bureaucra…

Dubai completes first tokenized real estate DAMAC property round in 24 hours

Dubai’s Prypco Mint reported that it fully funded the first tokenized property in less than 24 hours with 224 investors from over 40 nationalities in less than 24 hours. The announcement came after the recent launch of Prypco Mint, the first licensed real estate tokenization platform in partnership with Dubai Land Department, Dubai’s regulatory authority and powered by Ctrl Alt blockchain. RWA initiative drew in diverse interest Dr. Mahmoud Al …