Ripple Drives Digital Real Estate in Middle East with Strategic Partnership
2025-07-16 13:31:56
Main Idea
Ripple partners with UAE-based Ctrl Alt to support Dubai's real estate digitalization initiatives using the XRP Ledger, with Ctrl Alt becoming the first VASP authorized by VARA in Dubai.
Key Points
1. Ripple partners with Ctrl Alt to facilitate Dubai's real estate digitalization using the XRP Ledger.
2. Ctrl Alt is the first Virtual Asset Service Provider (VASP) in Dubai authorized by VARA.
3. Ctrl Alt collaborates with institutions like Zand Bank and Mamo to strengthen Dubai's financial infrastructure.
4. Ripple's stable digital asset, RLUSD, received approval in Dubai for use in the initiative.
5. The Dubai Land Department's digitalization initiative is seen as a significant step towards transforming real estate transactions.
Description
Ripple expands custodial services with Ctrl Alt in Dubai's real estate digitalization efforts. Ctrl Alt obtains VASP authorization, boosting digital finance ecosystem growth in Dubai. Continue Reading: Ripple Drives Digital Real Estate in Middle East with Strategic Partnership The post Ripple Drives Digital Real Estate in Middle East with Strategic Partnership appeared first on COINTURK NEWS .
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