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


Description

Dubai’s Land Department launched Prypco Mint, a real estate tokenization platform on the XRP Ledger, enabling UAE residents to buy fractional property ownership as part of a \$16 billion initiative to digitize 7% of the city’s real estate market by 2033.

Publish date

May 26, 2025