Dubai Land Department, Ctrl Alt Launch PRYPCOMint for Property Tokenization on XRP Ledger with 2,000 Dirhams Investment

The Dubai Land Department (DLD) has launched the Middle East's first government-backed property deed tokenization project using the XRP Ledger blockchain. This initiative, developed in collaboration with Ctrl Alt, aims to digitize property title deeds and enable real estate investment through tokenization. The project introduces PRYPCOMint, the region’s first tokenized property platform, which allows residents to invest in real estate starting from 2,000 Dirhams. The adoption of the XRP Ledger is a key element in this real estate digitization effort, marking a significant step in the region's blockchain integration within government services.

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