Dubai Pioneers Real Estate Tokenization on XRP Ledger, Boosting XRP’s Utility and Market Confidence
Dubai’s Land Department has taken a groundbreaking step by partnering with Ctrl Alt to launch the Middle East’s first government-backed real estate tokenization initiative on the XRP Ledger. This innovative project leverages the XRP Ledger’s capabilities to tokenize property title deeds, enabling fractional ownership while ensuring full compliance with local regulations. The MOVE not only showcases the practical utility of XRP in real-world applications but also counters long-standing criticisms of Ripple’s use of XRP. By adopting a public blockchain for such a significant sector, Dubai is setting a precedent that could drive broader adoption of XRP and other digital assets in the global real estate market. This development is expected to bolster investor confidence in XRP’s long-term value and its role in transforming traditional finance.
Dubai Launches Real Estate Tokenization on XRP Ledger, Countering Ripple Critics
Dubai’s Land Department has partnered with Ctrl Alt to pioneer a government-backed real estate tokenization initiative on the XRP Ledger. This landmark project marks the Middle East’s first use of a public blockchain for property title deeds, enabling fractional ownership while maintaining full compliance with local regulations.
The move directly challenges long-standing accusations that Ripple exploits XRP solely for fundraising. By integrating with Dubai’s traditional property registration systems, the initiative demonstrates tangible utility for the XRP Ledger beyond speculative trading.
XRP Faces Downward Pressure as Institutional Outflows Halt 80-Week Inflow Streak
XRP’s market trajectory shows signs of strain as CoinShares reports a $37.2 million outflow—breaking an 80-week institutional inflow streak. The altcoin’s stagnation contrasts with broader crypto market volatility, where major assets continue seeing capital inflows.
Investor skepticism grows as XRP fails to capitalize on recent market movements. The divergence raises fundamental questions about Ripple’s competitive positioning amid evolving regulatory landscapes and institutional preferences for alternative digital assets.
Viral Claim of XRP Surging to $60,000 Debunked as False Rumor
A sensational rumor circulating in the crypto community alleges that a secret U.S. bill could propel XRP to $60,000 by mandating major banks to adopt the token. The claim, originating from a YouTube channel named "Crypto Insight," further suggests Ripple would burn 50 billion XRP to induce scarcity. Bloomberg has not reported any such legislation.
Reality check: U.S. financial laws undergo public scrutiny and congressional approval—no such bill exists. The video’s host confirmed the falsity of these claims. Market participants should treat unverified price predictions with skepticism, especially when detached from regulatory or fundamental realities.
WEF Recognizes XRP Ledger as Key Technology for Asset Tokenization
The XRP Ledger (XRPL) has gained significant validation from the World Economic Forum, which identified it as a pivotal technology for global asset tokenization in its May 2025 report. This endorsement is expected to bolster investor confidence in XRP, despite the distinction between Ripple’s XRP Ledger and the XRP cryptocurrency itself.
Aurum Equity Partners has Leveraged XRPL’s decentralized Layer-1 blockchain to launch a $1 billion tokenized fund—the world’s first for private equity and debt. Announced in October 2024, the fund digitizes ownership of AI-focused data center assets while emphasizing ESG compliance across U.S. and Middle Eastern markets.
Circle Denies Acquisition Rumors, Focuses on 2024 IPO
Circle, a leading U.S. cryptocurrency firm, has categorically denied rumors of a potential acquisition by industry peers Coinbase or Ripple. Company officials dismissed speculative reports of a $4-5 billion offer from Ripple as "baseless" and "inadequate," redirecting attention to its planned initial public offering.
The firm is now channeling all resources toward its anticipated New York Stock Exchange debut in 2024. Market observers noted brief price fluctuations in XRP and other related assets during the rumor cycle, though these stabilized after Circle’s official rebuttal.
Circle Denies Sale Rumors Amid Ripple’s $11 Billion Buyout Speculation
Stablecoin issuer Circle has firmly dismissed speculation about a potential acquisition by Ripple or Coinbase. The company stated it remains committed to its long-term strategy, emphasizing that it is not for sale. This comes as Circle prepares for an initial public offering, targeting a valuation exceeding $5 billion.
Earlier reports suggested Ripple had offered between $4 billion and $5 billion for Circle, which was rejected. Recent rumors indicate Ripple may have increased its bid to approximately $11 billion, but Circle appears focused on its IPO plans. The company filed preliminary paperwork in April and has engaged investment banks, though the timeline remains uncertain.
Circle had previously delayed a planned IPO in December 2022 and revisited the possibility in January 2024. The company’s determination to go public underscores its confidence in independent growth despite significant buyout interest.