Trump’s Maldives Hotel Will Be a Tokenized Real Estate Project
The Trump Organization is teaming up with Saudi real estate firm Dar Global to develop the Trump International Hotel Maldives, which will be a tokenized real estate project. This innovative approach permits early-stage investors to buy digital shares of the luxury resort. Located about 25 minutes from the Maldivian capital Malé, the resort will feature 80 beach and overwater villas and is set to open by the end of 2028. Eric Trump, the Trump Organization's executive vice president, emphasized that this development represents a significant advancement in real estate investment through tokenization. The real estate tokenization market is anticipated to grow to $4 trillion by 2035, despite challenges such as regulatory uncertainties and liquidity issues. The shift towards tokenization signifies a broader trend of financial firms leveraging blockchain technology to streamline and record ownership in various assets, including real estate.
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