LONDON, April 8, 2026 – Ctrl Alt Ltd, a subsidiary of UAE-based Alt Ltd, has secured critical regulatory authorization from the UK's Financial Conduct Authority (FCA), positioning the firm to significantly expand its end-to-end tokenized asset lifecycle services within the UK's digital capital markets. The FCA registration under the UK's investment firm framework grants Ctrl Alt the formal mandate to scale its tokenization infrastructure for the issuance, trading, and settlement of securities, a move CEO Matt Ong hailed as 'an important step for financial innovation in the UK as a whole.' The firm is already actively testing synchronization capabilities and exploring tokenization applications within regulatory sandboxes.

Ctrl Alt has already tokenized over $1.2 billion in assets

As of April 2026, Ctrl Alt has tokenized over $1.2 billion in assets, spanning real estate, private credit, funds, commodities, and more.

In February of this year, Billiton Diamond, a Dubai based diamond management and auction services provider of rough and polished diamonds, and Ctrl Alt, tokenized $280 million worth of diamonds held in the UAE, secured through Ripple custody, with the aim of expanding access to diamond investment using blockchain and its power of tokenization.

Ctrl Alt is also the tokenization partner for the Dubai Land Department, which is tokenizing real estate using the XRP Ledger Blockchain. The initiative, which is being carried out alongside Dubai’s Virtual Assets Regulatory Authority (VARA), the Dubai Future Foundation, and PRYPCO, seeks to tokenize real estate to develop the future of property investment in Dubai through fractional ownership. It is projected to contribute to the growth of an AED 60 billion ($16 billion) tokenized real estate market by 2033, equivalent to 7% of Dubai’s total property transactions.

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