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
Ripple processes $13 trillion in old volume, Garlinghouse aims for on-chain migration
Ripple's CEO Brad Garlinghouse highlighted the company's growth phase amid a volatile crypto market, revealing major acquisitions and substantial payment volumes. He sees a significant opportunity in moving traditional finance to on-chain solutions, emphasizing the advantages of stablecoins for instant transactions and aiming to build a digital financial infrastructure beyond just XRP.
TapChiBitcoin7m ago
El Salvador's Bitcoin reserves increase to 7,605.37 coins, valued at approximately $506 million.
El Salvador's Bitcoin reserves have increased to 7,605.37 coins, worth approximately $506 million. Analysts point out that losses for short-term Bitcoin holders are widening, with the MVRV indicator in bear market territory. Brother Ma's losses have reached $31.3 million. Walmart's payment platform OnePay has added support for various cryptocurrencies. Gnosis and Zisk have launched an Ethereum economic zone Rollup framework.
GateNews11m ago
End the L2 chaos! The Ethereum community proposes the "Economic Zone EEZ" to resolve cross-Rollup transactions and liquidity issues all at once.
Gnosis and Zisk proposed the Ethereum Economic Zone (EEZ) framework, aiming to address the fragmentation issues of Ethereum L2, allowing smart contracts on different Rollups to execute cross-chain synchronously in a single transaction without the need for bridging infrastructure. The EEZ reduces complexity by directly calling mainnet contracts and establishes the EEZ Alliance to coordinate multiple participants, but it faces challenges in ecological coordination and the test of standard unification.
動區BlockTempo30m ago
MicroStrategy pauses its 13-week streak of buying Bitcoin and promotes STRC preferred stock.
MicroStrategy's Executive Chairman Michael Saylor did not release the Bitcoin tracking chart on March 29, ending a consecutive 13-week buying signal, and instead promoted the company's perpetual preferred stock STRC. MicroStrategy has accumulated a total of 762,099 Bitcoins but is currently in a paper loss position. The company is shifting its financing focus to STRC to support future Bitcoin purchasing plans.
MarketWhisper1h ago
APRO Launches TypeScript SDK to Expand Data Access for Developers and AI Agents
APRO has launched new tools, including a TypeScript SDK and Integration Skill, to enhance developer access to oracle data across seven verticals. This initiative streamlines app development and supports diverse projects by offering a unified resource for reliable, structured data.
BlockChainReporter1h ago
XRP introduces AI to detect protocol vulnerabilities and enhance the blockchain software development lifecycle.
XRP is leveraging artificial intelligence to enhance its blockchain software development lifecycle by identifying and fixing potential vulnerabilities early through security testing, code modifications, and edge case analysis. The development team has formed a red team for testing and offers a bug bounty program along with transparent security standards to ensure the system's stability and security. XRP is also piloting initiatives in Singapore to promote global payment operations and the widespread use of stablecoins.
ChainNewsAbmedia4h ago
