Ripple President Is Proud of Ripple and XRP Ledger. Here’s why

Key Points

1. Ripple is partnering with Ctrl Alt to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project, showcasing institutional interest in XRP in the UAE.

2. Monica Long, President of Ripple, stresses the significance of bank-grade custody for tokenized assets, particularly for DLD’s tokenized title deeds on the XRPL.

3. The partnership aligns with Dubai’s efforts to modernize its asset markets, with Ripple’s institutional-grade custody technology serving as a foundation for tokenized assets on the XRPL.

4. Ripple’s presence in the UAE is strengthening, with regulatory approvals from the Dubai Financial Services Authority (DFSA) and partnerships with institutions like Zand Bank and Mamo.

5. XRP and RLUSD are approved for use within the Dubai International Financial Centre (DIFC), further integrating Ripple into the region’s financial ecosystem.