XRP Makes History: Ripple and Ctrl Alt Partner for Dubai’s Land Blockchain Initiative

In a groundbreaking move, Ripple has teamed up with Ctrl Alt to revolutionize real estate tokenization in Dubai. The partnership will leverage the XRP Ledger (XRPL) to tokenize property title deeds for the Dubai Land Department's Real Estate Tokenization Project. This marks the first instance of a Middle Eastern government adopting a public blockchain for such a purpose. Ctrl Alt, now licensed by VARA, will oversee the entire asset tokenization process, from creation to on-chain settlement, utilizing Ripple's custody technology. This collaboration not only underscores the growing adoption of XRP in institutional settings but also highlights the increasing relevance of blockchain technology in transforming traditional sectors like real estate. As of August 2025, this initiative positions XRP as a key player in the tokenization of real-world assets, paving the way for broader acceptance and potential price appreciation in the cryptocurrency market.

Ripple Expands in UAE with Ctrl Alt Deal for Dubai Land Blockchain Project

Ripple has partnered with Ctrl Alt to tokenize property title deeds on the XRP Ledger (XRPL) for the Dubai Land Department's Real Estate Tokenization Project. This marks the first time a Middle Eastern government has utilized a public blockchain for such a purpose.

Ctrl Alt, now licensed by VARA, will manage the full lifecycle of asset tokenization—from creation to on-chain settlement. Ripple's custody technology will secure the tokenized titles, enabling fractional ownership and enhanced transparency in Dubai's real estate market.

The collaboration strengthens Ripple's regional presence, following recent milestones like RLUSD approval and partnerships with Zand Bank and Mamo. The move underscores growing institutional demand for compliant blockchain infrastructure in high-value asset markets.

XRP News: Will Ripple vs SEC End This Thursday?

XRP surged past $3 for the first time in years amid rumors of a potential SEC vote to dismiss its lawsuit against Ripple Labs. A closed-door meeting scheduled for July has fueled speculation, though legal experts caution against premature conclusions.

Former SEC lawyer Marc Fagel noted that while a resolution may be imminent, the agenda remains confidential. "Anyone claiming to know what’s on the agenda is speculating," he said. The case hinges on pending appeals, with the SEC needing to approve dismissing its appeal before Ripple's favorable district court ruling takes effect.

Market sentiment around XRP remains volatile as traders weigh the possibility of a decisive legal outcome. The crypto community watches closely, anticipating a ruling that could set a precedent for regulatory clarity in the space.

XRP Futures Volume on CME Hits Record $235M as Institutional Demand Grows

CME Group's XRP futures market is gaining traction among sophisticated investors, with Friday's trading volume hitting a record $235 million. The payments-focused cryptocurrency has seen cumulative trading reach $1.6 billion since its May 19 launch.

The Chicago Mercantile Exchange has become a preferred gateway for institutions seeking crypto exposure through regulated derivatives. "The record underscores the rapidly growing demand in our new XRP futures suite," CME Active Trader noted in a social media post.

Ripple's regulatory strategy appears to be fueling interest. The company has applied for a U.S. banking charter and is reportedly pursuing a MiCA license for European expansion. Standard contracts (50,000 XRP) and micro contracts (2,500 XRP) are serving different tiers of institutional participation.

Ripple Pursues MiCA License to Expand Crypto Services in Europe

Ripple has confirmed its intention to secure a Markets in Crypto Assets (MiCA) license, aiming to broaden its crypto and stablecoin offerings across the European Economic Area. The firm's spokesperson emphasized Europe's strategic importance, aligning with the industry's push for regulatory clarity. MiCA, enacted in June 2023, provides a legal framework for crypto asset issuers and service providers.

In preparation, Ripple established Ripple Payments Europe S.A. in Luxembourg earlier this year. The MOVE underscores its commitment to compliance and growth in the region. Meanwhile, Ripple joined forces with Coinbase and MoonPay in California's Breakthrough Project, championing public-private innovation in government services.