RWA NEWS – Dubai’s Land Department (DLD) platform has integrated blockchain to facilitate real-world asset transactions, reaching $399 million in tokenized real estate volume. Supported by the Virtual Assets Regulatory Authority (VARA), the Prypco Mint platform allows investors to purchase fractional property shares starting at $540.
Using the XRP Ledger, it ensures seamless synchronization with traditional registries, enhancing transparency and investor confidence.
This initiative aligns with Dubai’s Real Estate Sector Strategy 2033, projecting tokenized assets to account for 7% of the city’s property market by 2033.
Dubai’s regulatory clarity and blockchain adoption are setting a global benchmark for RWA tokenization, attracting both retail and institutional investors
