Ripple Secures Dubai Real Estate Custody Deal as XRP Breakout Mirrors 2017 Pattern
The post Ripple Secures Dubai Real Estate Custody Deal as XRP Breakout Mirrors 2017 Pattern appeared on BitcoinEthereumNews.com.
Key Insights: Ripple will store tokenized real estate deeds for Dubai Land Department on XRP Ledger. XRP trades at $2.93, showing a breakout structure similar to its 2017 bull run. Ctrl Alt becomes Ripple’s first licensed custody partner in the UAE. Ripple has expanded its presence in the Middle East through a new partnership with Ctrl Alt and the Dubai Land Department. The deal will enable secure storage of tokenized property deeds on the XRP Ledger. This development is part of Dubai’s growing push to digitize and tokenize real-world assets. Ctrl Alt, recently licensed by Dubai’s Virtual Asset Regulatory Authority, will manage token issuance and on-chain storage infrastructure. Ripple will provide institutional-grade custody support for the real estate assets. The initiative allows fractional property ownership and global investor participation. 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 now enters the UAE’s real estate sector, enabling regulated blockchain-based ownership transfers. The project integrates Ripple’s custody technology with Dubai’s tokenization roadmap. The platform ensures transparency and security for all parties involved. XRP Price Pattern Strengthens as Policy Support Looms At press time, XRP is trading at $2.93, reflecting a 3.53% gain in the past 24 hours, as per CoinMarketCap. The market cap stands at $173.37 billion, with over 59 billion XRP in circulation. Meanwhile, a monthly chart from analyst Steph shows a six-month symmetrical triangle forming in 2025, nearly identical to the 2017 pattern before XRP surged. The token is forming higher lows and tightening price action, typically signaling an upward breakout. If this pattern continues, he expects XRP to retest or…
Filed under: News - @ July 16, 2025 9:27 am