Dubai Embraces XRP Ledger for Real Estate Tokenisation
In a first-of-its-kind move for the Middle East, Dubai’s Land Department (DLD) has launched a government-backed property tokenisation pilot on the XRP Ledger (XRPL). The initiative, part of the Real Estate Evolution Space (REES) programme, integrates blockchain technology with the city’s conventional land registry, creating a legally compliant on-chain record
Dubai to Build 17-Storey Crypto Tower to Lead Web3 Innovation
The Dubai Multi Commodities Centre (DMCC) and REIT Development have announced plans to construct a state-of-the-art Crypto Tower in Jumeirah Lakes Towers. Slated for completion by Q1 2027, this 17-storey landmark aims to position Dubai as a global hub for blockchain, decentralized finance (DeFi), and artificial intelligence (AI) innovation. The