The XRP cryptocurrency station, Ripple, has formalized an alliance with Ctrl Alt, a British company specializing in tokenized infrastructure, to facilitate the digitalization of Dubai’s real estate assets.
Ctrl Alt uses Ripple Digital Asset Custody Technology, designed to provide storage. To support the Land Sector Project in Dubai (DLD), Ripple explained in a statement.
This project tokenizes property certificates on the XRP Ledger (XRPL) network to manage these assets in the Emirates.
Additionally, the company is strengthening its commitment to tokenization, as it states that “Ripple provides infrastructure to boost a tokenized economy.” In July, he launched the XRPL Accelerator program, which will be launched in September 2025, as reported by Cryptootics.
The program supports Asia-Pacific startups focusing on real asset tokenization, institutional distributed finance (DEFI), and integration of artificial intelligence and cryptocurrency technologies. The initiative is trying to promote businesses in the early stages of operation on XRPL networks.
Ripple’s approach to RWA is no coincidence. In collaboration with the Boston Consulting Group (BCG), the company’s report predicts exponential growth in the tokenization sector.
According to a survey published in April, This market will go from $600 million in 2023 to $18.9 billion in 2033the average annual growth rate is 53%.
According to the report, tokens evolve in three phases. It starts with assets such as government bonds and conservative funds, then moves into private and real estate loans, culminating in the full integration of tokens into financial and non-financial products, transforming the global economy.