Ripple’s real estate coup with CTRL Alt and DLD creates a $ 325 million XRPL market
- Ripple, Ctrl Alt and the Dubai Land Department have introduced tokenized real estate customers on the XRP Ledger Blockchain.
- The model supports co -ownership of real estate and lowers the entry barriers for global real estate investors.
The global expansion of Ripple in the area of the custody of real assets took a further step forward on July 16, 2025 when a three -way agreement with Ctrl Alt and dem Dubai Land Department (DLD) was announced. The agreement introduces tokenized ownership certificates on the XRP Ledger (XRPL) and turns Dubai into the first state in the Middle East and real estate ownership on a public blockchain. Ripple shared the update on his official Twitter account on the same day.
The new ownership certificates are certainly stored via the institutional Custody system from Ripple, which supports safe, scalable document management and enables real estate investments in partial amounts. As part of the initiative, investors can have real estate together, which reduces the entry costs and expands access to a broader base of international buyers. The initiative also aims to reduce the bureaucratic effort, to improve market transparency and to facilitate access to the real estate sector in Dubai.
In partnership with Ctrl Alt and the Dubai @Land_DepartmentRipple 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 Custody technology will support CTRL’s operation in the United Arab Emirates. The company, which was selected as a tokenization platform for the DLD project, confirmed the partnership within the framework of its regulated framework, which was granted a VASP license that was granted in July 2025 by Dubais Virtual Assets Regulatory Authority (Vara). The license allows issuer-related services, so that CTRL alt can offer the custody and billing of token assets within the limits of the regulatory framework.
325 million dollars market for tokenized property ownership
Ripple is now taking the VAE into its customer list for custody that covers Europe, Asian-Pacific space, Africa and Latin America. A license granted by the Dubai Financial Services Authority (DFSA) in March 2025 allows the company to maintain blockchain-based payments and assets in the Dubai International Financial Center (DIFC). The StableCoin Rlusd von Ripple was also approved as a recognized crypto token in the DIFC zones. CTRL-Alt Cro Matt Ong said.
“The partnership with Ripple enables us to use proven and trustworthy technology that corresponds to the highest security and operating standards. We are happy to work with Ripple and make the investment opportunities in real estate in Dubai accessible to a wider audience.”
To date, CTRL Alt has converted assets worth over $ 325 million into tokens. This includes real estate, private loans, process financing and investment funds. As a direct partner of Ripple for DLD’s real estate program, CTRL old will offer solutions for the tokenization of assets that are coordinated with custody and billing protocols on public blockchains.
Ripple with the first public tokenization of real estate in the Middle East
Reece Merrick, Managing Director of Ripple for the Middle East and Africa, concludes:
“The real estate tokenization project of the Dubai Land Department is a perfect example of the type of forward-looking, innovative initiative that positions Dubai in the heart of the global digital asset industry.”
With the collaboration with CTRL Alt, Ripple is the first blockchain provider to be selected for a public real estate register in the Middle East. In addition to the custody solutions, Ripple also works with other companies based in VAE such as Zand Bank and Mamo. Both deal with blockchain-based financial instruments and are connected to Ripple in 2025.
The new model for tokenized documents enables co -ownership in which several investors can acquire shares in a certain real estate object. It enables both foreign and local participation without having to give up complete property. Supported by the regulations of Dubais and the Ripple infrastructure, the project introduces a new level of transparency and security for real estate investors.
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