Ripple Exec Breaks Silence on Game-Changing Custody Move: Details
2025-07-16 16:16:01
Main Idea
Ripple has partnered with the Dubai Land Department to provide custody services for its Real Estate Tokenization Project using XRP Ledger, marking a significant expansion of Ripple's digital asset infrastructure in the UAE.
Key Points
1. Ripple's Senior Executive Officer Reece Merrick confirmed the use of Ripple's custody technology for Dubai's tokenized real estate title deeds on XRP Ledger.
2. This partnership makes Ctrl Alt Ripple's first major custody partner in the UAE, highlighting regional demand for digital asset solutions.
3. Ripple's custody network now includes clients across Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
4. The Dubai Land Department's project positions the UAE as a key player in global blockchain-based real estate tokenization.
5. Ripple's involvement strengthens the XRP Ledger's role in institutional blockchain adoption.
Description
Ripple executive reacts to move set to boost XRP Ledger
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