US EditionTrump Organization Plans Tokenized Resort in Maldives
The Trump Organization and Dar Global offer investors fractional digital shares in the Maldives resort development, pioneering a $4 trillion real-estate tokenization market, Deloitte reports.
- The Trump Organization and Dar Global are collaborating to build a resort in the Maldives, called Trump International Hotel Maldives, set to open by late 2028 with a cost of $300 million.
- Dar Global CEO Ziad El Chaar explained that tokens will represent shares in a fund financing the construction instead of the finished hotel.
- The project aims to blend luxury real estate with digital finance, as Donald Trump and his family expand their involvement in the crypto world.
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76 Articles
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Trump Organization Announces Tokenized Hotel Development as Crypto ‘Crime Season’ Continues
The Trump Organization and London-based luxury real estate developer DAR Global have announced a new hotel development known as Trump International Hotel Maldives, which will apparently be tokenized on a yet-to-be-announced blockchain. According to a press release associated with the announcement,…
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