Ripple Executive Launches Tokenized Real Estate Trading on XRP Ledger
On Feb. 20, Reece Merrick, a senior executive at Ripple, unveiled a significant advancement on the XRP Ledger connected to Dubai’s real estate tokenization initiative. Ripple framed the development as enabling trading of tokenized real estate assets on‑ledger, which could streamline settlement and support fractional ownership models for property in the Dubai program.
If adopted, the feature would strengthen a real‑world asset use case for XRP and could draw institutional and retail interest by improving liquidity and lowering transaction frictions. Market observers will be watching for rollout details, partner integrations and regulatory approvals that will determine how quickly trading can begin and how assets will be custodied and compliant. The announcement marks a notable step in bridging on‑chain infrastructure with traditional property markets, with broader implications for tokenization efforts worldwide.