Dubai Real Estate to Be Tokenized on XRP Ledger in Ripple–Ctrl Alt Partnership

Ripple and Ctrl Alt to Power Dubai’s Real Estate Tokenization via XRP Ledger

Ripple is deepening its role in the Middle East’s digital asset ecosystem through a new partnership with Dubai-based tokenization platform Ctrl Alt, aimed at bringing real estate ownership onto the blockchain.

Announced Tuesday, the collaboration will see Ctrl Alt use Ripple’s enterprise-grade custody solutions to tokenize property title deeds issued by the Dubai Land Department (DLD). These tokenized titles will be managed on the XRP Ledger (XRPL), enabling secure, transparent, and compliant lifecycle management of real-world assets.

This initiative aligns with Dubai’s vision of becoming a global hub for blockchain innovation, particularly in real estate. By leveraging XRPL, Ctrl Alt plans to offer fractionalized, on-chain real estate ownership backed by regulatory frameworks.

Ctrl Alt recently became the first firm licensed by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer issuer-related services, allowing them to link tokenized real estate directly to regulated custody infrastructure.

Ripple, meanwhile, continues expanding across the UAE. The firm has secured a DFSA license, partnered with institutions like Zand Bank and fintech firm Mamo, and gained DIFC approval for its upcoming U.S. dollar-backed stablecoin, RLUSD.

The Ripple–Ctrl Alt collaboration showcases the growing institutional adoption of blockchain for real-world applications and positions XRP Ledger as a trusted platform for regulated asset tokenization in one of the world’s most forward-thinking digital economies.