DLD launches first real estate tokenization platform on XRPL
Deaton’s post on the major XRPL DeFi feature was triggered by a recent move from the Dubai Land Department (DLD). A few hours earlier, the DLD revealed that it has launched its first real estate tokenization platform on the $XRP Ledger.
This major development on the $XRP Ledger will offer residents within the Dubai region the opportunity to buy portions of properties in the form of shares. This allows them to invest in desired properties even if they can’t afford the whole of the property. This expands access to the real estate market via blockchain innovation.
According to the real estate agency, the move marks a major milestone toward its vision for $16 billion in tokenized real estate by 2033. As a major player in the real estate ecosystem, DLD’s collaboration with XRPL positions the Ripple ecosystem for more recognition and widespread adoption.
While it appears that many are not aware of this uncommon XRPL feature, Deaton emphasized that the development further proves XRPL’s ability to tokenize real estate. Nonetheless, Deaton affirmed that XRPL has been an old leader of DeFi innovation with its strong abilities to facilitate RWA tokenization.
What people fail to realize is that the XRPL, created in 2012, has the World’s first DEX, and was designed for the tokenization of RWA, such as real estate. https://t.co/hBSELv9akm
— John E Deaton (@JohnEDeaton1) May 26, 2025
Deaton further mentioned that the world’s first DEX was pioneered through the launch of XRPL in 2012, highlighting XRPL’s strong foothold in the DeFi ecosystem.
Following major adoptions like this on XRPL, Ripple’s native token, $XRP, is set for larger market participation, propelling its price for continued growth in the long run.
u.today
