{"id":37298,"date":"2025-07-16T16:35:42","date_gmt":"2025-07-16T16:35:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37298"},"modified":"2025-07-16T16:35:42","modified_gmt":"2025-07-16T16:35:42","slug":"ripple-joins-forces-with-ctrl-alt-for-middle-east-custody-push","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37298","title":{"rendered":"Ripple Joins Forces with Ctrl Alt For Middle East Custody Push"},"content":{"rendered":"
\n

Ripple has announced a strategic partnership with Ctrl Alt, a tokenization infrastructure provider, marking a significant expansion of its institutional digital asset custody services into the United Arab Emirates. The collaboration aims to power the Dubai Land Department\u2019s (DLD) Real Estate Tokenization Project, which will issue tokenized property title deeds on the XRP Ledger (XRPL).<\/p>\n

Ripple Joins Forces With Ctrl Alt<\/h2>\n

According to the official statement<\/a> today, Ctrl Alt will leverage Ripple\u2019s institutional-grade custody technology to provide secure and scalable storage for digital assets linked to Dubai\u2019s pioneering real estate tokenization effort. Reece Merrick, Ripple\u2019s Managing Director for the Middle East and Africa, highlighted the importance of this initiative, calling it \u201ca perfect example of the type of forward-thinking, innovative initiative that is positioning Dubai at the heart of the global digital asset industry.\u201d<\/p>\n

Merrick emphasized the significance of the project, noting, \u201cThis is the first time a government real estate registration authority in the Middle East has tokenized property title deeds on a public blockchain. That the DLD has chosen the XRPL for this is really exciting and reinforces the XRPL\u2019s credentials as the blockchain of choice for serious financial use cases.\u201d<\/p>\n

Ctrl Alt\u2019s role as the designated tokenization provider for the DLD project is further strengthened by its recent regulatory milestone. The firm secured a Virtual Asset Service Provider (VASP) license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA), becoming the first VASP authorized to conduct Issuer-related services in the UAE.<\/p>\n

This development establishes a compliant framework for real-world asset tokenization, covering issuance, custody, on-chain settlement, and lifecycle management. Matt Ong, CEO and Founder of Ctrl Alt, said, \u201cPartnering with Ripple allows us to leverage proven and trusted technology that meets the highest security and operational standards. We\u2019re excited to work with them and bring Dubai real estate investment opportunities to a wider audience.\u201d<\/p>\n

The Dubai Land Department\u2019s Real Estate Tokenization Project represents a major step toward modernizing property investment in the region. By placing property title deeds on the XRPL, the initiative introduces transparency and efficiency while enabling fractional ownership, allowing multiple investors to co-own properties. This approach is designed to broaden market access and create a more liquid, inclusive real estate ecosystem in Dubai.<\/p>\n

Ripple\u2019s latest move builds on its growing momentum in the UAE. Earlier this year, Ripple became the first blockchain-enabled payments provider<\/a> licensed by the Dubai Financial Services Authority (DFSA). The company has since deepened its presence through partnerships with institutions such as Zand Bank and Mamo, both of which are leveraging Ripple\u2019s blockchain-based payment solutions. Additionally, Ripple\u2019s stablecoin, RLUSD, was recently approved by the DFSA<\/a> as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), reinforcing its regulatory standing in the region.<\/p>\n

With over a decade in the digital asset space and more than 60 regulatory licenses globally, Ripple is positioning itself as a key infrastructure provider for financial institutions transitioning into blockchain-based systems. Its custody solutions<\/a> are designed to meet the highest compliance and security standards, catering to institutions seeking to store, exchange, and move digital assets seamlessly.<\/p>\n

Ctrl Alt, which has tokenized over $325 million worth of assets as of July 2025\u2014including real estate, private credit, and alternative investments\u2014brings extensive experience in financial engineering and blockchain infrastructure to the partnership. Its collaboration with Ripple underscores a growing trend: the fusion of regulated tokenization platforms with enterprise-grade custody solutions to facilitate real-world asset integration on blockchain networks.<\/p>\n

At press time, XRP traded at $2.92.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple has announced a strategic partnership with Ctrl Alt, a tokenization infrastructure provider, marking a significant expansion of its institutional digital asset custody services into the United Arab Emirates. The collaboration aims to power the Dubai Land Department\u2019s (DLD) Real Estate Tokenization Project, which will issue tokenized property title deeds on the XRP Ledger (XRPL). […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37298","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37298"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37298\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}