Ripple Teams Up With Ctrl Alt To Custody Tokenized Dubai Real Estate On XRP Ledger
2025-07-16 14:24:37
Main Idea
Ripple partners with Ctrl Alt to expand institutional custody services in the Middle East, supporting Dubai's real estate tokenization efforts using XRP technology.
Key Points
1. Ripple collaborates with UAE-based Ctrl Alt to enhance custody services for Dubai's real estate digitization project.
2. Ctrl Alt will utilize Ripple's technology for asset tokenization infrastructure in the DLD initiative.
3. This marks Ripple's first major custody partnership in the UAE.
4. Ripple has secured a license from the Dubai Financial Services Authority (DFSA) and approval for its RLUSD stablecoin in Dubai.
Description
San Francisco-based blockchain payments firm Ripple has joined forces with UAE-based Ctrl Alt to expand its institutional custody services in the Middle East, supporting Dubai’s government-led real estate digitization efforts. As part of the deal announced on Tuesday, Ctrl Alt will use Ripple’s secure and scalable institutional-grade custody infrastructure to store tokenized property title deeds
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- Ripple Teams Up With Ctrl Alt To Custody Tokenized Dubai Real Estate On XRP Ledger2025-07-16 14:24:37