Ripple Expands UAE Footprint with Ctrl Alt Custody Partnership

• Ripple, Ctrl Alt join hands to tokenize Dubai’s real estate deeds securely.

• Dubai Land Department uses Ripple XRPL for secure digital property records.

• Ctrl Alt gains Dubai VASP license, strengthens Ripple’s trusted custody services.

Ripple has announced a new partnership with Ctrl Alt. Ripple is well known for providing digital asset solutions to banks and financial institutions. Ctrl Alt is a strong platform that helps with tokenization infrastructure. Together, they are making real estate in Dubai more digital and safe.

Dubai Land Department Picks Ripple XRPL for Property Deeds

Firstly, Ctrl Alt will operate the digital asset custody technology of Ripple. The new Real Estate Tokenization Project by Dubai Land Department will be supported with this technology. This project will deploy real estate title deeds on Ripple blockchain, known as the XRP Ledger. Due to this fact, the title deeds will be safe, conveniently stored, and transparent.

In the last month, Ctrl Alt informed that it would participate in the project with the Dubai Land Department. So, with the partnership of Ripple, Ctrl Alt will be the first significant custody partner of Ripple in the UAE. This indicates that the region needs safe and compliant systems of digital assets.

According to Reece Merrick, Managing Director in Ripple in the Middle East and Africa, it is a thrilling time. He mentioned that Dubai is demonstrating to the world the use of digital assets in real estate. Property deeds on a public blockchain is a first-time project by a government real estate department in the Middle East. Thus, the decision to select the XRPL by Ripple demonstrates that it is a stable solution for grand financial undertakings.

The big milestone has also been attained by Ctrl Alt. The Virtual Assets Regulatory Authority (VARA) of Dubai granted it a VASP license. This license confers Ctrl Alt as the first company in Dubai to be permitted to provide token issuer services. It can now mint tokens and manage safe storage of real-world assets. This implies that all life cycle of the token, including creation and settlement, will be under clear rules.

Ripple Grows UAE Presence with Licenses, Banks, and RLUSD Stablecoin

Matt Ong, the CEO and founder of Ctrl Alt, reported that the partnership makes sense. Ctrl Alt knows the ins and outs of financial engineering and digital assets. They can secure and trusted the project by deploying the custody technology of Ripple. Ong continued to say this partnership will be valuable in opening Dubai real estate investment to more individuals.

This is an extremely critical project for Dubai. The Real Estate Tokenization Project will introduce openness and efficiency in property investment. Investors are now able to part-own a property by purchasing a token. This implies that more individuals are in a position to invest in real estate using smaller sums of money.

The UAE is the country where Ripple is developing rapidly. It became the first blockchain payments company with a license in Dubai, the main financial regulator, earlier this year. Ripple also operates with Zand Bank and Mamo, which are integrated for cross-border payments. In addition to that, the stablecoin of Ripple, RLUSD, was approved for use in a financial center in Dubai.

All this demonstrates that Ripple is looking forward to offering its services to financial institutions interested in secure and legal digital asset services. Ripple itself has more than ten years of experience on the market. It has also acquired over 60 licenses across earth, the Dubai one it received in March 2025 included.

Finally, this collaboration gives evidence that Dubai has intentions to dominate blockchain real estate. Ripple and Ctrl Alt collaboration in Dubai may make the city a world example of successful tokenization in the area of real estate.