XRP Makes History: Dubai Land Department Adopts XRP Ledger for Blockchain-Based Property Titles

In a groundbreaking move, Ripple has secured its first custody deal in the UAE, partnering with Ctrl Alt to support the Dubai Land Department's initiative to digitize property ownership using the XRP Ledger. This collaboration marks a significant milestone as it represents the first time a Middle Eastern government body has issued real estate deeds on a public blockchain. The partnership leverages Ripple's institutional-grade custody technology to securely store title deeds on the XRPL, showcasing the growing adoption of blockchain technology in the real estate sector. This development not only highlights the utility of XRP in real-world applications but also underscores the increasing trust in public blockchains for government use cases. The announcement has generated considerable excitement in the cryptocurrency community, as it demonstrates the potential for XRP to revolutionize property ownership and streamline transactions. With this landmark deal, Ripple continues to solidify its position as a leader in blockchain-based solutions for institutional and governmental applications.

Ripple Secures First UAE Custody Deal with Dubai Land Department for Blockchain-Based Property Titles

Ripple has partnered with Ctrl Alt to support the Dubai Land Department's initiative to digitize property ownership using the XRP Ledger. The collaboration leverages Ripple's institutional-grade custody technology to securely store title deeds on the XRPL, marking the first time a Middle Eastern government body has issued real estate deeds on a public blockchain.

The announcement has buoyed XRP's price, which surged nearly 4% and approached the $3 threshold. Reece Merrick, Ripple's Managing Director for the Middle East and Africa, emphasized the significance of the DLD choosing XRPL, calling it a validation of the ledger's capabilities for serious financial applications.

This deal represents Ripple's first major custody agreement in the UAE and underscores its expanding footprint in the region. The project aligns with Dubai's strategy to position itself as a global hub for digital asset innovation.

Ripple Partners with DLD and Ctrl Alt for Dubai's Real Estate Tokenization Initiative

Ripple has announced a groundbreaking collaboration with Dubai Land Development (DLD) and London-based fintech firm Ctrl Alt to advance real estate tokenization in Dubai. The partnership leverages Ripple's institutional-grade custody technology to securely manage tokenized property title deeds on the XRP Ledger.

Ctrl Alt, recently licensed by Dubai's VIRTUAL Asset Regulatory Authority (VARA), will serve as the core tokenization engine for this project. This marks the first instance of a Middle Eastern government authority tokenizing property titles on a public blockchain.

Three properties are already live on the XRP Ledger, with two more set to launch imminently. The initiative represents a significant milestone for blockchain adoption in real estate and institutional asset tokenization.

Best Coin to Buy Today: As Trump Rescues U.S. Crypto Legislation, DexBoss Gains Spotlight While XRP Watches Regulatory Winds

Former President Donald Trump intervened to revive stalled cryptocurrency legislation in the House of Representatives on July 15, marking a pivotal moment for the U.S. digital asset industry. After an initial procedural vote threatened to derail key crypto bills, Trump brokered a late-night agreement with 11 of 12 crucial Republican lawmakers during an Oval Office meeting.

The legislative package, championed by House Republicans as a framework for crypto legitimacy, includes provisions for stablecoin regulation, asset classification standards, and a prohibition on central bank digital currencies. Market reactions were immediate—crypto-related stocks like Coinbase and Circle initially dipped following the early vote failure, but recovered after Trump's intervention.

While the Senate remains uncommitted, the House's progress signals growing political recognition of crypto's economic significance. The regulatory clarity could benefit established tokens like XRP while elevating emerging projects such as DexBoss in the current market cycle.

XRP Price Poised for Rally: Four Factors Pointing to $5 Target in July

XRP has surged past a critical resistance level, marking an 81% rebound from June lows to reach $3.05—its highest valuation since February. Technical and fundamental catalysts suggest the rally may extend toward $5 this month.

Futures markets signal mounting bullish conviction. Open interest hit a record $8.3 billion this week, eclipsing the sub-$1 billion figures seen earlier this year. The sustained positive funding rate since late June indicates traders are pricing in further upside.

Institutional demand accelerates through ETF channels. The Teucrium 2x Long Daily XRP ETF has amassed $285 million in assets within three months despite its 1.89% fee structure. This traction bolsters the case for proposed spot ETFs from Bitwise and Franklin Templeton to capture mainstream capital.

California Forms Tech Task Force With Ripple, Coinbase Participation

California Governor Gavin Newsom has launched the "California Breakthrough Project," a state-backed initiative to modernize government operations through collaboration with leading tech and crypto firms. The task force held its first closed-door meeting at Ripple's San Francisco headquarters in early June, with participation from Coinbase, MoonPay, and other industry players.

The initiative aims to streamline public services such as licensing, workforce programs, and benefits delivery by leveraging blockchain infrastructure. Governor Newsom emphasized the state's commitment to embracing technological progress, calling the project a convergence of "the best and the brightest" to improve government efficiency.

This development signals growing institutional recognition of blockchain's potential as core infrastructure. The involvement of major cryptocurrency firms like Ripple (XRP) and Coinbase underscores the sector's increasing influence in mainstream financial and governmental applications.

XRP Shows Bullish Reversal Amid Institutional Support, Eyes $3 Threshold

XRP gained 1.79% to $2.95 after bouncing from a $2.84 support level, with trading volume surging to 134.08 million during the initial dip. The recovery was fueled by institutional buy-side absorption and tactical rotations into digital settlement assets.

Final-hour bursts of 1.3 million and 1.8 million in volume confirmed breakout strength above $2.94. Analysts note growing bid support ahead of the ProShares ETF launch on July 18, with short-term resistance now at $2.96.