Dubai Launches $16 Billion Real Estate Tokenization Market

Dubai’s government has launched a groundbreaking initiative for real estate investment: a $16 billion tokenized market. This project, spearheaded by the Dubai Land Department (DLD), in partnership with Ctrl Alt, VARA, Dubai Future Foundation, and PRYPCO, aims to revolutionize property investment through blockchain technology. 🇨🇦 🌐 📈 This marks the first government-led initiative for real estate tokenization in the Middle East and promises increased transparency, accessibility, and efficiency.