Saudi Developer Funds Luxury Trump Hotel with Blockchain Tokenization

A Saudi Arabian real estate developer, Dar Global, is using blockchain technology to finance its luxurious Trump-branded hotel project in the Maldives. This innovative approach will tokenize approximately 70% of the $300 million project, allowing investors to participate from the beginning and gain access to potential revenue streams through tokenized ownership. Ziad El Chaar, CEO of Dar Global, highlights the pioneering nature of this model, which allows for early investor involvement in a development still in its nascent stages.