Key highlights:
- Ripple partners with Ctrl Alt to tokenize Dubai real estate on the XRP Ledger (XRPL), using institutional-grade custody solutions.
- The initiative, backed by the Dubai Land Department (DLD), enables secure, on-chain management of fractionalized property title deeds.
- XRP recently hit a new all-time high of $3.61, with bullish forecasts predicting further gains into late 2025.
Ripple and Ctrl Alt to digitize Dubai real estate
Ripple has entered a strategic partnership with UAE-based tokenization platform Ctrl Alt to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project. The collaboration will use Ripple’s institutional-grade digital asset custody technology to store tokenized real estate title deeds on the XRP Ledger (XRPL), marking a major step in integrating blockchain with real-world asset markets in the Middle East.
I am excited to announce our partnership with Ctrl Alt, which is a game changing partnership! Ctrl Alt will be utilising @Ripple’s top-tier digital asset custody tech to power The Dubai Land Department’s Real Estate Tokenization Project.
Secure, scalable storage for tokenized…
— Reece Merrick (@reece_merrick) July 16, 2025
This is the first time a government-backed real estate registration authority in the region has deployed a public blockchain for the tokenization of property title deeds. The project allows for secure lifecycle management and storage of fractionalized ownership records, improving transparency, accessibility, and operational efficiency in Dubai’s property sector.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, highlighted the significance of the initiative, noting that the DLD’s choice of the XRPL underscores its suitability for enterprise-level financial applications.
Ctrl Alt, now the first Virtual Asset Service Provider (VASP) in Dubai licensed to offer issuer-related services under VARA, plays a central role in executing this project. CEO and founder Matt Ong emphasized that the partnership with Ripple allows Ctrl Alt to deliver a secure and compliant infrastructure, from token issuance to on-chain settlement.
XRP price surges to new highs amid bullish outlook
Alongside this institutional breakthrough, XRP has experienced a major price rally. The token surged above the $3 mark, reaching a new all-time high of $3.61. Over the past week, XRP is up 33% against the U.S. dollar, and it has surpassed the $200 billion market capitalization milestone for the first time.
Crypto analyst Ali Martinez suggests that XRP could climb to $4.80 if it closes the current weekly candle above $3—a scenario that appears likely with the coin now trading at $3.51.
A weekly close above $3 could send $XRP to a new all-time high of $4.80! pic.twitter.com/fvvq0EpW6j
— Ali (@ali_charts) July 16, 2025
CoinCodex’s algorithmic XRP price prediction also points to sustained growth, forecasting that XRP could peak at approximately $4.50 by the end of 2025.
eToro: Best platform for beginners and social trading
- Trade cryptocurrencies, stocks, ETFs, and commodities on one easy-to-use platform
- Follow and copy top-performing traders with eToro’s unique social trading tools
- Earn passive income with staking on popular coins like ETH, ADA, and TRX
- Fully regulated in multiple jurisdictions with strong security protocols
- 0% commission on real stock trading and competitive spreads on crypto
- 30+ million registered users across 100+ countries
Get Started on eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Source: https://coincodex.com/article/70308/xrp-ledger-chosen-for-dubais-real-estate-tokenization-project-xrp-price-reaches-new-all-time-highs/