The post Dubai Tokenized Properties Trading Goes Live on XRPL as Ctrl Alt Advances Project appeared on BitcoinEthereumNews.com.

In the latest XRP News, trading of tokenized properties in Dubai is now live on the XRPL. This comes as Ctrl Alt and Dubai Land Department announced they had commenced the second phase of the project. XRP News: Phase Two of Dubai Tokenization Project Now Underway In a recent press release, Ctrl Alt and Dubai Land Department have announced that they have begun the second phase of their project of bringing tokenization of real estate properties to the ledger. This comes months after Ripple announced a new partnership with Ctrl Alt. They said at the time that they would implement Ripple’s institutional-level custody solution for securely storing tokenized real estate ownership titles. This was expected to be issued directly on the XRP Ledger for liquidity in the real estate sector of Dubai. “Approximately 7.8 million tokens issued during the pilot will now be eligible for resale within a controlled secondary market environment, expanding access and liquidity across Dubai’s real estate market, the release said. All on-chain transactions in this phase will continue to be executed on the XRP Ledger (XRPL) and secured by Ripple Custody.” The update was also shared by Reece Merrick, the Managing Director of Ripple in the Middle East and Africa, in a recent X post. He also mentioned that secondary market trading is now live on the XRPL. Thrilled to see Phase Two launch for Dubai @Land_Department Real Estate Tokenization Project! Building on the pilot, controlled secondary market trading is now live for tokenized properties on the XRP Ledger, secured by @Ripple Custody via our partner @CtrlAltCo This is massive… — Reece Merrick (@reece_merrick) February 20, 2026 This latest development comes after the Ctrl Alt and Billiton plan to tokenize $280 million worth of diamonds. As part of the partnership, Billiton will offer the polished diamond…

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Filed under: News - @ February 20, 2026 1:27 pm