Ripple Expands Dubai Real Estate Custody Amid XRP Price Pattern Resembling 2017 Breakout
2025-07-16 09:42:31
Main Idea
Ripple partners with Dubai Land Department to custody tokenized real estate on XRP Ledger, while XRP price shows a breakout pattern reminiscent of its 2017 bull run.
Key Points
1. Ripple collaborates with Dubai Land Department and Ctrl Alt to tokenize real estate using XRP Ledger, enhancing Dubai's blockchain-enabled property market.
2. Ctrl Alt, licensed by Dubai’s Virtual Asset Regulatory Authority, ensures regulatory compliance in the partnership.
3. XRP is trading at $2.93, showing a 3.53% increase, with a market cap over $173 billion, and exhibits a bullish breakout pattern similar to its 2017 surge.
4. The U.S. House of Representatives will vote on key crypto bills, including the Digital Asset Market Clarity Act and the GENIUS Act, which could impact XRP and the broader crypto market.
5. Ripple’s expansion into UAE real estate and favorable regulatory developments position XRP for potential growth and increased institutional adoption.
Description
Ripple has secured a landmark deal with the Dubai Land Department to custody tokenized real estate deeds on the XRP Ledger, marking a significant step in blockchain adoption within the
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