droppRWA Partners with RAFAL to Tokenize Real Estate in Saudi Arabia
Saudi Arabia’s real estate sector is poised for a digital revolution as droppRWA collaborates with RAFAL to tokenize high-value properties. The pilot program will establish a national benchmark for fractional ownership, enabling investments as low as single-digit riyals.
The initiative aligns with Vision 2030’s goals of financial inclusion and digital transformation. By leveraging blockchain technology, the partnership aims to attract institutional foreign capital while democratizing access for local investors.
A comprehensive feasibility study will assess tokenization across RAFAL’s portfolio, followed by a regulated proof-of-concept using live assets. "This marks a paradigm shift in capital transformation," said Faisal Al Monai, co-founder of droppRWA.
