Ripple and Ctrl Alt Partner to Tokenize Dubai Real Estate Using XRP Ledger
Ripple has entered a strategic partnership with UAE-based platform Ctrl Alt to tokenize real estate assets in Dubai, utilizing the XRP Ledger (XRPL) as the underlying blockchain infrastructure.
As part of the collaboration, Ctrl Alt will use Ripple’s institutional-grade custody technology to store and manage tokenized title deeds issued by the Dubai Land Department (DLD). These digital assets will be maintained on-chain via the XRPL, enabling secure and compliant ownership tracking and transfers.
This move supports Dubai’s broader push toward real-world asset (RWA) tokenization and blockchain-driven property markets. By facilitating fractional ownership and efficient settlement, the project aims to make real estate investment more accessible and transparent.
Ctrl Alt recently became the first entity licensed by Dubai’s Virtual Assets Regulatory Authority (VARA) to provide issuer-related services. This regulatory approval allows it to offer tokenized real estate tied to regulated custody and compliant digital infrastructure.
Ripple continues to grow its presence in the region, having secured a license from the Dubai Financial Services Authority (DFSA), formed partnerships with Zand Bank and Mamo, and received DIFC approval for its forthcoming RLUSD stablecoin.
Together, Ripple and Ctrl Alt are helping lay the groundwork for a regulated digital real estate market in Dubai—combining blockchain innovation with institutional-grade infrastructure.
