- Dubai tokenized titles for real estate are linked with Ctrl Alt by Ripple, in order to ensure secure custody.
- Now, the government-backed blockchain title documents in UAE are live and unlock fractional ownership to investors.
Ripple is entered Ctrl Alt – a UAE based infrastructure platform focusing on tokenization. Signed on July 15th, this deal expands Ripple’s custody service to the Gulf Region. The collaboration represents a new stage in the expansion of Ripple’s custody service, which includes customers in Europe, Asia-Pacific Latin America and Africa.
Ctrl Alt will use Ripple’s tools for custody to support Dubai Land Department’s tokenization of real estate. This department will be storing real estate The XRP Ledger allows title deeds to be represented by digital tokens. It is the first project to be backed by a Middle East government, giving it a unique level of support.
Ctrl Alt, the Dubai @Land_Department, Ripple Custody will deliver scalable and secure storage for the Dubai Land Department’s tokenized real estate title deeds, which have been issued on the XRP Ledger – enabling fractional ownership, transparency, and…
— Ripple (@Ripple) July 16, 2025
Ripple’s presence in UAE has increased over the last year. It became licensed as the first blockchain payment firm by Dubai Financial Services Authority in March 2025. Stablecoin of the company RLUSD It was recently recognized as a crypto-token within the Dubai International Financial Centre
Ctrl Alt Gains an Edge in Regulation as the First VASP to Issuer Services
Ctrl Alt obtained its latest version recently. VASP license Dubai’s Virtual Assets Regulatory Authority. The company became the first in its region licensed to offer issuer-related service, which officially links tokens issuance and custody of physical assets. It means that assets can be created, stored securely, settled in-chain and managed throughout their entire lifecycle under regulatory supervision.
Matt Ong (CEO of Ctrl Alt) expressed that the collaboration was valuable by saying the following:
“Partnering with Ripple allows us to leverage proven and trusted technology that meets the highest security and operational standards.” “He added” “We’re excited to work with them and bring Dubai real estate investment opportunities to a wider audience.”
Ripple technology has a key role to play in the DLD Initiative. Dubai’s tokenized digital real estate title documents can be safely stored using the custody solution.
Dubai’s Project Unlocks Broader Access to Real Estate Investment
This project removes entry barriers by making fractional ownership possible. Tokenization allows multiple people to co-own the same real estate.
The firm claims that this system will improve transparency and operating procedures. It could also change how property is bought and traded in the city.
Reece Merrick highlighted the significance the project.
“This is the first time a government real estate registration authority in the Middle East has tokenized property title deeds on a public blockchain.”
Ripple has its sights set on the European Union, as well as the United Arab Emirates. Ripple registered its company in the European Union. Ripple Payments Europe S.A. in Luxembourg in late April, and it is now preparing for an application to obtain a Markets in Crypto Assets License (MiCA). Ripple’s spokesperson confirmed this. “intends to become MiCA-compliant” The “significant opportunity in the European market.”
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Source: www.crypto-news-flash.com
