Dubai Goes Full Crypto: $16B Real Estate Tokenization Launches on XRP Ledger

Forget paper deeds—Dubai’s flipping property into digital assets with a blockchain-powered bang. The emirate just dropped a tokenization platform on the XRP Ledger, backed by a eye-watering $16 billion initiative. Because why sell one penthouse when you can slice it into a million tradable tokens?

XRP bulls are grinning—again. The ledger’s speed and low fees snagged another high-profile real-world use case, this time in a market where ’luxury’ is the baseline. Meanwhile, traditional finance brokers are suddenly very interested in ’blockchain seminars.’

One catch? The fine print’s still being written. Regulatory nods are pending, but hey—since when has Dubai waited for permission to build the future? (Okay, fine—they usually get the permits first. This isn’t a meme coin.)