Ripple Exec Breaks Silence on Game-Changing Custody Move: Details

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.