ChainCatcher News, according to official sources, tokenization infrastructure provider Ctrl Alt announced the launch of the second phase of the Dubai real estate tokenization pilot project in collaboration with the Dubai Land Department, which introduces a controlled secondary market trading function for tokenized real estate assets.
During the pilot phase, ten properties were tokenized, with a total value exceeding $5 million. Approximately 7.8 million tokens issued during the pilot phase can now be resold within a controlled secondary market environment, expanding access and liquidity in Dubai’s real estate market.
The secondary trading phase aims to evaluate market efficiency and operational readiness while enhancing transparency, governance, and investor protection. Transactions will be conducted within the regulatory pilot framework of the project distribution platform to ensure transaction integrity and alignment with existing land registration processes. All on-chain transactions in this phase will continue to be executed on XRPL and secured by Ripple Custody.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Core Scientific mining revenue halves, hosting business surges 268% to offset losses
Core Scientific announced its Q4 2025 financial report, with total revenue decreasing to $79.8 million, primarily due to a roughly 47% decline in Bitcoin mining income. Despite the overall revenue reduction, hosting service revenue grew by over 268%, indicating that its data center transformation strategy is paying off. Adjusted EBITDA was negative $42.7 million. The company's working capital stands at $533.4 million. After shareholders rejected the merger with CoreWeave, Core Scientific will continue to operate as an independent company to advance its long-term strategy.
MarketWhisper1h ago
Sony Bank Partners with JPYC to On-Chain Japanese Yen: Use Stablecoins to Buy PlayStation Games and Watch Crunchyroll Animations More Conveniently
Japan's Sony Bank and Japanese yen stablecoin issuer JPYC have signed a memorandum of understanding to enable users to purchase stablecoins instantly through bank accounts and explore payment integration with entertainment IPs, creating a complete closed loop from fiat currency to on-chain consumption and redefining the flow of value within their ecosystem.
動區BlockTempo1h ago
BNB Chain releases BNB Chain MCP Skill
Foresight News Report: BNB Chain releases BNB Chain MCP Skill, supporting reading chain data and smart contracts; executing transactions and managing wallets; registering on-chain proxy identities (ERC-8004), etc.
GateNews1h ago
Boros' total nominal trading volume surpasses $12 billion, launching capital fee rate arbitrage functionality
Since its launch in August 2025, Boros, Pendle's funding rate trading platform, has experienced rapid growth, with trading volume surpassing $12 billion within 7 months. Its newly launched funding rate arbitrage feature helps users lock in yields and hedge against fee volatility risks, with recent gold market yields reaching as high as 21%. Meanwhile, Pendle's V2 product has also added Ripple and PayPal stablecoins.
GateNews2h ago
Curve: Currently investigating attack incidents targeting the sDOLA LlamaLend market; lenders remain unaffected.
Curve Finance is investigating an attack on the sDOLA LlamaLend market, which exploited a price oracle vulnerability affecting borrowers collateralized with sDOLA, while lenders were unaffected. The team will ensure the security of LlamaLend V2.
GateNews2h ago
ACI Founder questions the voting results of the "Aave Will Win" proposal
The Aave community funding proposal has been approved but is met with skepticism. Marc Zeller pointed out that addresses related to Aave Labs influenced the voting results, and support votes decreased after removal. The proposal requests funding support in exchange for product revenue. Tensions within the community are escalating.
GateNews2h ago
