TLDR:
- Ripple Custody backs tokenized property titles for Dubai Land Department.
- XRP Ledger records ownership, enabling global access and co-investment.
- Ctrl Alt ensures regulated tokenization and secure on-chain asset custody.
- Ripple expands in the Middle East after securing UAE regulatory licenses.
Ripple has teamed up with Ctrl Alt to power Dubai’s tokenized real estate title deeds. This move supports the Dubai Land Department’s (DLD) real estate tokenization initiative using Ripple Custody.
The project uses the XRP Ledger to record digital property ownership, opening up global access to Dubai’s real estate market. It also enables fractional ownership, allowing people to co-own property with smaller investments.
Ripple’s latest expansion signals a growing demand for secure digital asset custody in the Middle East.
Dubai Embraces Blockchain for Property Ownership
Ripple announced that its custody platform will back the storage of tokenized property titles for the DLD.
These digital title deeds are recorded on the XRP Ledger, offering transparency and real-time tracking. The goal is to simplify ownership transfers and reduce the need for intermediaries.
Ctrl Alt, the designated tokenization partner for this project, brings blockchain infrastructure that ensures secure issuance, settlement, and storage of real-world assets.
As the first provider licensed by Dubai’s Virtual Assets Regulatory Authority (VARA) to conduct issuer-related services, Ctrl Alt’s role links token issuance to custody under regulatory compliance.
In partnership with Ctrl Alt and 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 Strengthens Presence in UAE
Ripple’s partnership with Ctrl Alt marks its first major custody integration in the UAE.
According to Ripple’s regional lead Reece Merrick, Dubai’s government is leading with its digital asset strategy, using XRPL for a real-world blockchain use case.
Ripple has also made headway in the region by securing a license from the Dubai Financial Services Authority. It has formed ties with local players like Zand Bank and Mamo to expand its blockchain-based services.
Ripple’s growing custody network already spans key markets in Europe, Asia-Pacific, Africa, and Latin America.
Tokenized property makes real estate more accessible by lowering investment barriers. Through fractional ownership, more investors can participate in Dubai’s growing property market. This shift also supports liquidity and opens real estate to a global investor base.
The project aligns with Dubai’s push to become a global crypto hub. Tokenized deeds on XRPL offer a secure and compliant solution for real-world assets. Ripple’s tech provides the infrastructure to hold and manage these assets safely.
Ripple Builds on Regulatory Milestones
Ripple’s progress in Dubai comes after securing over 60 licenses globally, including its DFSA license this year. Its stablecoin, RLUSD, was recently approved for use within the Dubai International Financial Centre.
With this deal, Ripple continues to deliver digital asset solutions tailored for institutions. As Dubai moves forward with its tokenization roadmap, Ripple positions itself as the trusted infrastructure partner to bring real estate on-chain.
