TLDR

Ripple has partnered with Ctrl Alt to support the Dubai Land Department’s real estate tokenization project.
The project will use Ripple’s custody technology to store tokenized property title deeds on the XRP Ledger securely.
Ctrl Alt is the first major custody partner in the UAE to receive regulatory approval from the Virtual Assets Regulatory Authority.
Ripple’s custody network now spans multiple regions including Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
Dubai is the first Middle Eastern government to tokenize property title deeds on a public blockchain.

Ripple has expanded its digital asset infrastructure by partnering with Ctrl Alt to support the Dubai Land Department’s tokenization project. The initiative will tokenize property title deeds on the XRP Ledger, using Ripple’s custody solution for secure storage. This move marks a new chapter in Ripple’s strategy across regulated digital asset ecosystems.

The partnership enables compliant issuance and management of tokenized real estate, backed by UAE’s regulatory approval. Ctrl Alt received its VASP license from Dubai’s Virtual Assets Regulatory Authority to provide issuer-related services. Ripple will now serve as the key technology provider, ensuring security and operational integrity for tokenized assets.

The Dubai Land Department’s adoption of public blockchain infrastructure reinforces the UAE’s push toward property digitization. Ripple’s custody platform will handle the secure storage of all property token data issued through Ctrl Alt. This system supports end-to-end asset lifecycle processes, including issuance, trading, and settlement.

Ripple Strengthens Custody Footprint Across Global Regions

Ripple continues to grow its institutional custody offerings in emerging and developed markets across five global regions. With this move in the UAE, Ripple’s custody network now covers Europe, the Middle East, Africa, Asia-Pacific, and Latin America. The company’s solutions address rising demand for secure and compliant infrastructure in tokenized markets.

Ripple selected Ctrl Alt as its first major custody partner in the UAE, marking an important local expansion. This follows Ripple’s earlier partnerships in the region, such as those with Zand Bank and Mamo. These collaborations reflect Ripple’s long-term commitment to regulated blockchain deployment across financial ecosystems.

Dubai’s real estate tokenized title deeds are being issued on the XRPL blockchain in a fully compliant format. Ripple’s custody system ensures each deed remains securely recorded and traceable within the network. Ctrl Alt’s VASP license enables it to manage all aspects of token issuance under UAE rules.

RLUSD Gains Ground as Ripple Expands in the UAE

Ripple has made major progress in Dubai following regulatory approvals for its digital products and services. Its stablecoin, RLUSD, recently gained recognition from the Dubai Financial Services Authority for use within the Dubai International Financial Centre. Ripple also became the first blockchain-enabled payment provider licensed by the DFSA this year.

The Dubai Land Department project complements Ripple’s broader tokenization strategy in financial services and real estate. By integrating with authorized providers like Ctrl Alt, Ripple ensures its platform meets both technical and regulatory requirements. This enhances confidence among institutions and investors using the XRPL for asset issuance.

In partnership with Ctrl Alt and the Dubai @Land_Department, Ripple Custody will deliver scalable and secure storage for the Dubai Land Department’s tokenized real estate title deeds, which have been issued on the XRP Ledger – enabling fractional ownership, transparency, and…

— Ripple (@Ripple) July 16, 2025

Ripple’s presence in the UAE now supports real estate, banking, and payment infrastructure using compliant and scalable blockchain tools. The company holds over 60 regulatory licenses worldwide and continues to secure more in major jurisdictions. These licenses allow Ripple to offer custody and tokenization solutions globally.

Tokenization Expands in U.S. Real Estate with Bergen County

Bergen County, New Jersey, launched the largest deed tokenization project in U.S. history using the Avalanche blockchain. In May, the county partnered with Balcony to tokenize over 370,000 property deeds, valued at $240 billion. The project is supported by venture capital from Blizzard, focused on Avalanche-based ecosystems.

Ripple’s real estate move parallels these global trends, indicating increasing blockchain adoption in property record systems. While Ripple uses XRPL, Bergen County’s use of Avalanche shows multiple networks driving the shift to digital land records. Both efforts align with predictions of $16 trillion in tokenized assets by 2030.

The post Real Estate Meets XRPL: Ripple Powers Dubai’s Tokenization Push appeared first on CoinCentral.

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Filed under: News - @ July 16, 2025 2:27 pm