Dubai Land Authority collaborates with tokenization platform Ctrl Alt to launch real estate tokenization project According to official announcements, the Dubai Land Authority (DLD) has announced a partnership with the tokenization platform Ctrl Alt to launch a real estate tokenization project, which is supported by both the Dubai Virtual Asset Regulatory Authority (VARA) and the Dubai Future Foundation. The project adopts XRP Ledger blockchain technology and tokenizes property certificates through the PRYPCO Mint platform, with a minimum investment threshold of 2000 dirhams (approximately $545). This is the first government led real estate blockchain tokenization project in the Middle East. According to the project party's disclosure, the plan is part of Dubai's "Real Estate 2033 Strategy", aiming to achieve a tokenized real estate market of 60 billion dirhams by 2033. Ctrl Alt, as a technology provider, has completed a total of $295 million in asset tokenization and holds broker and issuer licenses issued by VARA.