John Deaton, prominent Ripple advocate and founder of CryptoLaw, has highlighted a crucial XRPL feature that has been overlooked by the wider crypto community. His recent X post points to an announcement from the Dubai Land Department (DLD) which marks a major step towards tokenizing real estate on the XRP Ledger (XRPL). The DLD’s launch of its first real estate tokenization platform on XRPL allows residents in the Dubai region to invest in properties as shares, enabling access to the market even for those who can’t afford to purchase the entire property. This move is expected to expand access to the real estate market through blockchain innovation. Deaton emphasizes that the DLD’s collaboration with XRPL strengthens the Ripple ecosystem’s position in the DeFi space.