Dubai Breaks New Ground With MENA’s First Licensed Real Estate Tokenization Platform
Move over, paper deeds—Dubai just dragged property ownership into the 21st century. The city launched the MENA region’s first fully licensed real estate tokenization platform, letting investors trade property shares like crypto tokens. No more notaries, no more mountains of paperwork—just blockchain-powered fractional ownership.
Why it matters: Tokenization slashes barriers to high-value assets. Suddenly, that $5M penthouse becomes 5,000 $1,000 digital tokens—accessible to retail investors without Swiss bank accounts. Of course, Dubai being Dubai, they’ll probably tokenize artificial islands next.
The fine print: Regulators greenlit the platform, but skeptics note this won’t fix the region’s love affair with illiquid assets overnight. Still, it’s a bold step—and let’s be honest, way more exciting than another REIT fund prospectus.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.