Estate

Luxury Brokerage Christie's Allows Buyers to Purchase Real Estate With Crypto: NYT

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Christie’s International Real Estate has launched a dedicated division to facilitate real estate transactions conducted entirely in cryptocurrency, the New York Times reported on Thursday. Spearheaded by Aaron Kirman, CEO of a Christie’s-affiliated firm in Los Angeles, the initiative follows several high-profile deals, including a $65 million Beverly Hills transaction where crypto was used exclusively. … Read more

XRP Ledger to Star in Ripple- Ctrl Alt Deal to Tokenize Dubai Real Estate

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Ripple has expanded its institutional custody services into the Middle East, partnering with UAE-based tokenization platform Ctrl Alt to support Dubai’s government-led real estate digitization initiative. The deal, announced on Tuesday, will see Ctrl Alt use Ripple’s custody infrastructure to store tokenized property title deeds issued by the Dubai Land Department (DLD) on the XRP … Read more

Japan’s GATES to Tokenize $75M Tokyo Real Estate on Oasys Network

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Japanese real estate investment firm GATES Inc. unveiled plans to tokenize $75 million of income-generating properties in central Tokyo using the Oasys blockchain to make it easier for foreigners to gain access to the country’s real estate market. The company said Thursday it plans to expand quickly, aiming to eventually tokenize more than $200 billion … Read more

Dubai Launches Pilot Phase of Real Estate Tokenisation Project for Web3, Real Estate Collaboration

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The Dubai Land Department (DLD) is exploring real estate tokenisation to simplify property-related transactions. The government-backed agency has launched the pilot phase of its “Real Estate Tokenisation Project”, that aims for collaboration between global Web3 firms and Dubai’s real estate community. DLD estimates that by 2033, the valuation of tokenised properties could touch AED 60 … Read more

Dubai’s Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details

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Dubai investors can now purchase tokenised shares of “ready to own” properties, following the launch of the city’s first real estate tokenisation initiative this week. The project is being overseen by the Dubai Land Department (DLD) and the Central Bank of the United Arab Emirates. According to an official announcement issued on May 25, the … Read more