ChainCatcher News, according to official sources, tokenization infrastructure provider Ctrl Alt announced the launch of the second phase of the Dubai real estate tokenization pilot project in collaboration with the Dubai Land Department, which introduces a controlled secondary market trading function for tokenized real estate assets.
During the pilot phase, ten properties were tokenized, with a total value exceeding $5 million. Approximately 7.8 million tokens issued during the pilot phase can now be resold within a controlled secondary market environment, expanding access and liquidity in Dubai’s real estate market.
The secondary trading phase aims to evaluate market efficiency and operational readiness while enhancing transparency, governance, and investor protection. Transactions will be conducted within the regulatory pilot framework of the project distribution platform to ensure transaction integrity and alignment with existing land registration processes. All on-chain transactions in this phase will continue to be executed on XRPL and secured by Ripple Custody.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
InterLink Launches Version 5.0 With KYC Integration and Exclusive Visa Card
InterLink Labs, a renowned Web3 platform, has announced the launch of its new version. Hence, InterLink Labs is introducing version 5.0, offering a series of diverse upgrades to seamlessly connect information, digital assets, and identity within an inclusive model. As InterLink Labs mentioned in its
BlockChainReporter1h ago
Encryption Supremacy: Zcash and Privacy in the Age of Scale
The essay discusses advancements in machine learning for Bitcoin transaction classification, highlights Zcash's increasing use of shielded transactions, and outlines the growth of decentralized liquidity in bypassing KYC. It also covers Zcash's post-quantum initiatives and its recent organizational restructuring.
CoinDesk3h ago
MSX Launches "Novice & Education" Initiative to Bridge Knowledge Gap in Tokenized Equity Trading
SINGAPORE — April 1, 2026 — MSX, a leading RWA trading platform, today announced the launch of its "Novice & Education" program. This strategic initiative is designed to equip the growing number of investors migrating from crypto-native assets to the tokenized equity market with a systematic
CoinDesk6h ago
Shiba Inu: Shibarium Transactions See 1,889% Drop Amid Reset - U.Today
Shibarium, the Shiba Inu Layer-2 blockchain, recently underwent a major infrastructure update, with 86% of its blocks indexed. Daily transactions fell significantly to 557 post-upgrade. Despite operational functionality, explorer data is still syncing, which may explain the low transaction numbers. SHIB's price fell 0.94%, reflecting overall market bearish sentiment and subdued trading activity.
UToday8h ago
Metaplanet Responds to JPX Regulatory Update Consultation: It Does Not Affect the Advancement of Its Bitcoin Strategy, With More Than 216,000 Japanese Shareholders Already Participating
Metaplanet CEO Simon Gerovich said he respects the decision by a Japanese exchange to delay the inclusion of cryptocurrency companies, and emphasized that the company will continue to pursue its Bitcoin strategy. Through the “Project Nova” project, it will help develop Japan’s Bitcoin ecosystem; it has already attracted more than 216k shareholders and will continue to communicate with all parties.
GateNews11h ago
