The Senate Banking, Housing and Urban Affairs Committee convened on 9 July for a hearing titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” taking fresh testimony on how Congress should regulate trading, custody and issuance of digital assets.

Ranking Democrat Elizabeth Warren told colleagues she is prepared to back comprehensive legislation if it preserves “bedrock securities laws” and satisfies additional investor-protection and oversight criteria, signalling rare bipartisan space for a compromise bill Chair Tim Scott hopes to advance.

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Brad Garlinghouse, chief executive officer of blockchain-payments firm Ripple, has been asked to appear before the U.S. Senate to give evidence on proposed federal legislation governing digital assets. His testimony will place one of the cryptocurrency sector’s most prominent executives at the center of Washington’s effort to craft a comprehensive regulatory framework for the industry.

Lawmakers are accelerating work on new rules aimed at clarifying the legal status of tokens, licensing requirements for trading platforms and safeguards for retail investors. Garlinghouse’s appearance signals that senators want direct input from companies operating major blockchain networks as they debate how to balance innovation with consumer protection and financial-crime controls.

Ripple has achieved several milestones in expanding the adoption and utility of its XRP Ledger and stablecoin $RLUSD. Swiss-regulated AMINA Bank became the first bank globally to support Ripple's $RLUSD stablecoin, offering custody and trading services to institutional clients. BitMEX followed as the first exchange to accept $RLUSD as margin on its derivatives trading platform. Additionally, Ripple partnered with Tenity to launch the XRPL Accelerator program in Singapore, aimed at fostering innovation and supporting early-stage startups across the Asia Pacific region.

The accelerator offers up to $200,000 in grants and focuses on tokenized real-world assets (RWAs), institutional decentralized finance (DeFi), artificial intelligence, and blockchain development. Furthermore, Brazilian digital investment platform Mercado Bitcoin announced plans to tokenize approximately $200 million in permissioned real-world assets on the XRP Ledger, including fixed-income and equity instruments. This partnership is expected to contribute to a 34% monthly growth in real-world asset tokenization on the XRP Ledger.

Ripple Labs said on 2 July that it has filed an application with the U.S. Office of the Comptroller of the Currency for a national banking charter. An OCC spokesperson confirmed receipt of the filing, which would make the blockchain-payments company one of the few crypto firms seeking full federal supervision.

If approved, the charter would place Ripple’s dollar-backed stablecoin, RLUSD, under OCC oversight while maintaining existing regulation by the New York Department of Financial Services. RLUSD, launched in October 2024, has grown to roughly $470 million in circulation, according to CoinMarketCap data. Ripple’s subsidiary Standard Custody & Trust Co. has also asked the Federal Reserve for a master account, a step that would let the company hold RLUSD reserves directly at the central bank and tap the Fed’s payments network.

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Ripple has activated an Ethereum-compatible sidechain for the XRP Ledger, bringing smart contracts and other decentralized-finance features to the $36 billion blockchain for the first time. Built by Barcelona-based developer Peersyst, the XRPL EVM sidechain went live on mainnet on 30 June, making XRP the native gas token for applications written in Solidity, the programming language used by most Ethereum projects.

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Ripple Labs said it will withdraw its cross-appeal in its long-running court battle with the U.S. Securities and Exchange Commission over XRP sales, and added that the regulator is expected to abandon its own appeal. The mutual step would bring the high-profile dispute, which has cast a shadow over the payments company since 2020, to a close.

The decision follows U.S. District Judge Analisa Torres’s ruling a day earlier that rejected a joint proposal by Ripple and the SEC to trim a $125 million penalty or lift an injunction imposed last year. Earlier this month both sides had asked the court to reduce the sanction to $50 million, far below the $2 billion the SEC initially sought.

Chief Executive Officer Brad Garlinghouse said Ripple is “closing this chapter once and for all” and will now concentrate on expanding its network and building what it calls the “Internet of Value.” The SEC has not yet issued a statement on the withdrawal but had previously indicated it would drop its appeal if Ripple did the same.

A federal judge in New York, Judge Analisa Torres, has denied a joint motion filed by Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) to amend the final judgment in their ongoing legal dispute over XRP token sales. The motion sought to fast-track a $50 million settlement, lift a permanent injunction on Ripple's institutional XRP sales, and reduce the $125 million fine imposed on Ripple.

Judge Torres rejected the request to dissolve the injunction and slash penalties, maintaining the legal restrictions on institutional XRP sales and the full $125 million fine. Following this ruling, Ripple announced it would drop its cross-appeal, and the SEC is expected to do the same, effectively ending the five-year legal battle. Ripple CEO Brad Garlinghouse stated that the company is closing this chapter and shifting focus to building the Internet of Value. The case had centered on allegations that Ripple raised $1.3 billion through XRP sales without proper registration. The legal dispute has been closely watched as a landmark case in cryptocurrency regulation.

Ripple has partnered with Wormhole, a leading cross-chain interoperability protocol, to enhance the multichain capabilities of the XRP Ledger (XRPL). This integration connects the XRPL mainnet and its upcoming EVM sidechain to over 35 blockchains, enabling cross-chain messaging, asset transfers, and token launches. The collaboration aims to strengthen XRPL's role in decentralized finance (DeFi) and real-world asset (RWA) tokenization. Wormhole's protocol, backed by prominent investors including BlackRock, Securitize, and Apollo, facilitates seamless interoperability across multiple blockchain networks, marking a significant development in XRPL's infrastructure.

Canada has become the first country in North America to list spot exchange-traded funds tied directly to XRP after the Ontario Securities Commission cleared two products for trading on the Toronto Stock Exchange.

Purpose Investments’ Purpose XRP ETF opened on 18 June under tickers XRPP (CAD-hedged), XRPP.B (CAD) and XRPP.U (USD). The fund offers investors one-for-one exposure to XRP held in custody and follows the asset manager’s earlier launches of the world’s first spot bitcoin and ether ETFs.

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The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly requested a Manhattan District Court to dissolve the injunction in their ongoing legal dispute and release a $125 million civil penalty currently held in escrow. Their proposal suggests that $50 million of the penalty be paid to the SEC, with the remaining $75 million returned to Ripple. This joint motion marks a potential turning point in the multi-year case involving Ripple's XRP token.

Following procedural delays, the SEC and Ripple have also filed a joint status report with the Second Circuit Court requesting a pause on appellate proceedings while awaiting the district court's decision on the indicative ruling motion. The parties are seeking to modify the judgment that bars certain token sales and imposes the penalty, citing exceptional circumstances. Legal analysts see a growing chance for resolution, with the district court judge reportedly seeking more information before ruling. The case has been closely watched as a significant regulatory and legal event in the cryptocurrency sector.

Ripple's XRP Ledger is set to launch an Ethereum Virtual Machine (EVM) compatible sidechain in the second quarter of 2025, according to Ripple CTO David Schwartz. The announcement was made at the Apex 2025 conference in Singapore. This new sidechain aims to combine the XRP Ledger's speed and low transaction fees with Ethereum's smart contract capabilities, enabling interoperability between the two blockchain ecosystems. Built on the evmOS stack, the sidechain is currently live on testnet and will support Ethereum-based decentralized applications (dApps) and smart contracts. This development is expected to significantly enhance the functionality of the XRP Ledger by integrating Ethereum compatibility.

Ripple has announced an expansion of its blockchain education initiatives in the Asia-Pacific region by committing an additional $5 million in funding through its University Blockchain Research Initiative (UBRI). This effort spans six countries and reflects Ripple's ongoing investment in developing blockchain talent, a commitment it has maintained for over seven years. Concurrently, Ripple's RLUSD token supply has surpassed $300 million, supported by backing from the United Arab Emirates.

Ripple has launched a new grant program to support Web3 startups in Japan building on its XRP Ledger (XRPL), offering up to $200,000 per project. This initiative is in partnership with Web3 Salon, an organization backed by Japan’s JETRO and the Asia Web3 Alliance, aiming to foster development in areas such as decentralized finance, real-world assets, and payments. The program is part of Ripple’s broader commitment to global Web3 growth, which includes a billion-XRP investment. In addition to funding startups, Ripple is expanding its blockchain education efforts across the Asia-Pacific region by committing an additional $5 million through its University Blockchain Research Initiative (UBRI). This funding supports academic research and talent development in six countries, including Japan, South Korea, and Taiwan, focusing on blockchain technology, real-world assets, and artificial intelligence.

$ANIME, associated with @animecoin, has become the top-traded cryptocurrency on Upbit, South Korea's leading exchange, in the past week, surpassing major tokens such as XRP, Bitcoin, Ethereum, BNB, and SUI.

The token recorded over $500 million in total trading volume across all exchanges during this period. On Upbit, $ANIME's spot market volume exceeded that of the next three tokens combined, and daily volume also surpassed SUI and BNB on Binance for a time.

Over the last 30 days, $ANIME has risen by 60%, outperforming many other tokens in the market, and has seen a notable price surge. Daily trading volumes have increased from $300,000–$500,000 to consistently multiple millions, including on HL perpetuals.

Despite its strong performance and surge in trading activity in Korea, discussion of $ANIME remains relatively limited on Crypto Twitter.

Unicâmbio, one of Portugal's largest foreign exchange and money transfer agencies, has integrated Ripple's payment solution to enhance cross-border payments between Europe and Brazil. This integration leverages Ripple’s B2B crypto-powered platform, which offers near real-time, transparent, and 24/7 payment capabilities. Meanwhile, in Brazil, RedotPay has incorporated Circle’s Payments Network to enable instant crypto-to-fiat transfers, allowing users to send USDC and receive Brazilian real (BRL) directly into local bank accounts. These developments reflect growing opportunities in the internationalization of Spanish companies in Portugal and increased business collaboration among Spain, Portugal, and Latin America, as highlighted in recent business meetings focused on investment opportunities.

Hyperscale Data, a data center operator, plans to purchase up to $10 million worth of XRP cryptocurrency by the end of 2025. This acquisition is part of a broader strategy to expand crypto-based financial services through its subsidiary, Ault Capital Group. Ault Capital Group intends to launch an XRP lending platform targeting U.S. public companies in the third quarter of 2025. Separately, the U.S.-listed company Webus is preparing to raise approximately ¥43 billion (around $300 million) to establish a strategic XRP reserve.

The U.S. Securities and Exchange Commission (SEC) has officially begun reviewing WisdomTree's application for a spot exchange-traded fund (ETF) based on XRP, a cryptocurrency. The proposed WisdomTree XRP Trust would allow investors to gain exposure to XRP without directly holding the token. This marks the first spot XRP ETF application under review in the United States.

The SEC has opened a public comment period to gather input on market risks associated with the ETF and has up to 240 days to make a decision on the application. Approval of this ETF could pave the way for additional cryptocurrency ETFs in the U.S. market.

Ripple has submitted an additional letter to the U.S. Securities and Exchange Commission's (SEC) Crypto Task Force addressing a key question raised by Commissioner Hester Peirce regarding the point at which a digital asset ceases to be classified as an investment contract. In the letter, Ripple proposed a 'maturity' test or 'network maturity test' as a legislative framework to determine when cryptocurrency tokens should no longer be considered securities. The company emphasized the need for clearer regulatory guidance from the SEC to address ambiguities in current law and reduce the risk of vague regulation surrounding digital assets such as XRP.

The U.S. Securities and Exchange Commission's (SEC) Crypto Task Force recently held meetings with Nasdaq and decentralized finance (DeFi) startups to discuss the tokenization of securities using public blockchain technology. The discussions included the concept of a regulatory sandbox that would allow issuers to self-certify asset classifications under light-touch disclosure standards.

During a May 21 meeting, Nasdaq advocated for digital asset-friendly venues and requested authorization for a new 'ATS-Digital' platform to list digital asset investment contracts alongside commodity-style tokens. The exchange also called for a joint safe harbor with the Commodity Futures Trading Commission (CFTC) for assets with uncertain regulatory status, while emphasizing the need to maintain national market system protections. Commissioner Mark Uyeda has signaled support for such efforts.

Read more

The Dubai Land Department (DLD) has launched the Middle East’s first government-backed real estate tokenization platform, selecting the XRP Ledger as the blockchain infrastructure. The initiative is developed in collaboration with Ctrl Alt, the tokenization provider, and real estate fintech firm Prypco.

The platform, called PRYPCO Mint, enables investors—including those with a United Arab Emirates ID—to purchase fractional ownership in Dubai properties, with a minimum investment of AED 2,000 (approximately $540). Transactions are settled in UAE dirhams, and the platform is currently available to UAE ID holders, with plans for global expansion.

Read more

The Senate Banking, Housing and Urban Affairs Committee convened on 9 July for a hearing titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” taking fresh testimony on how Congress should regulate trading, custody and issuance of digital assets.

Ranking Democrat Elizabeth Warren told colleagues she is prepared to back comprehensive legislation if it preserves “bedrock securities laws” and satisfies additional investor-protection and oversight criteria, signalling rare bipartisan space for a compromise bill Chair Tim Scott hopes to advance.

Read more

Brad Garlinghouse, chief executive officer of blockchain-payments firm Ripple, has been asked to appear before the U.S. Senate to give evidence on proposed federal legislation governing digital assets. His testimony will place one of the cryptocurrency sector’s most prominent executives at the center of Washington’s effort to craft a comprehensive regulatory framework for the industry.

Lawmakers are accelerating work on new rules aimed at clarifying the legal status of tokens, licensing requirements for trading platforms and safeguards for retail investors. Garlinghouse’s appearance signals that senators want direct input from companies operating major blockchain networks as they debate how to balance innovation with consumer protection and financial-crime controls.

Ripple has achieved several milestones in expanding the adoption and utility of its XRP Ledger and stablecoin $RLUSD. Swiss-regulated AMINA Bank became the first bank globally to support Ripple's $RLUSD stablecoin, offering custody and trading services to institutional clients. BitMEX followed as the first exchange to accept $RLUSD as margin on its derivatives trading platform. Additionally, Ripple partnered with Tenity to launch the XRPL Accelerator program in Singapore, aimed at fostering innovation and supporting early-stage startups across the Asia Pacific region.

The accelerator offers up to $200,000 in grants and focuses on tokenized real-world assets (RWAs), institutional decentralized finance (DeFi), artificial intelligence, and blockchain development. Furthermore, Brazilian digital investment platform Mercado Bitcoin announced plans to tokenize approximately $200 million in permissioned real-world assets on the XRP Ledger, including fixed-income and equity instruments. This partnership is expected to contribute to a 34% monthly growth in real-world asset tokenization on the XRP Ledger.

Ripple Labs said on 2 July that it has filed an application with the U.S. Office of the Comptroller of the Currency for a national banking charter. An OCC spokesperson confirmed receipt of the filing, which would make the blockchain-payments company one of the few crypto firms seeking full federal supervision.

If approved, the charter would place Ripple’s dollar-backed stablecoin, RLUSD, under OCC oversight while maintaining existing regulation by the New York Department of Financial Services. RLUSD, launched in October 2024, has grown to roughly $470 million in circulation, according to CoinMarketCap data. Ripple’s subsidiary Standard Custody & Trust Co. has also asked the Federal Reserve for a master account, a step that would let the company hold RLUSD reserves directly at the central bank and tap the Fed’s payments network.

Read more

Ripple has activated an Ethereum-compatible sidechain for the XRP Ledger, bringing smart contracts and other decentralized-finance features to the $36 billion blockchain for the first time. Built by Barcelona-based developer Peersyst, the XRPL EVM sidechain went live on mainnet on 30 June, making XRP the native gas token for applications written in Solidity, the programming language used by most Ethereum projects.

Read more

Ripple Labs said it will withdraw its cross-appeal in its long-running court battle with the U.S. Securities and Exchange Commission over XRP sales, and added that the regulator is expected to abandon its own appeal. The mutual step would bring the high-profile dispute, which has cast a shadow over the payments company since 2020, to a close.

The decision follows U.S. District Judge Analisa Torres’s ruling a day earlier that rejected a joint proposal by Ripple and the SEC to trim a $125 million penalty or lift an injunction imposed last year. Earlier this month both sides had asked the court to reduce the sanction to $50 million, far below the $2 billion the SEC initially sought.

Chief Executive Officer Brad Garlinghouse said Ripple is “closing this chapter once and for all” and will now concentrate on expanding its network and building what it calls the “Internet of Value.” The SEC has not yet issued a statement on the withdrawal but had previously indicated it would drop its appeal if Ripple did the same.

A federal judge in New York, Judge Analisa Torres, has denied a joint motion filed by Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) to amend the final judgment in their ongoing legal dispute over XRP token sales. The motion sought to fast-track a $50 million settlement, lift a permanent injunction on Ripple's institutional XRP sales, and reduce the $125 million fine imposed on Ripple.

Judge Torres rejected the request to dissolve the injunction and slash penalties, maintaining the legal restrictions on institutional XRP sales and the full $125 million fine. Following this ruling, Ripple announced it would drop its cross-appeal, and the SEC is expected to do the same, effectively ending the five-year legal battle. Ripple CEO Brad Garlinghouse stated that the company is closing this chapter and shifting focus to building the Internet of Value. The case had centered on allegations that Ripple raised $1.3 billion through XRP sales without proper registration. The legal dispute has been closely watched as a landmark case in cryptocurrency regulation.

Ripple has partnered with Wormhole, a leading cross-chain interoperability protocol, to enhance the multichain capabilities of the XRP Ledger (XRPL). This integration connects the XRPL mainnet and its upcoming EVM sidechain to over 35 blockchains, enabling cross-chain messaging, asset transfers, and token launches. The collaboration aims to strengthen XRPL's role in decentralized finance (DeFi) and real-world asset (RWA) tokenization. Wormhole's protocol, backed by prominent investors including BlackRock, Securitize, and Apollo, facilitates seamless interoperability across multiple blockchain networks, marking a significant development in XRPL's infrastructure.

Canada has become the first country in North America to list spot exchange-traded funds tied directly to XRP after the Ontario Securities Commission cleared two products for trading on the Toronto Stock Exchange.

Purpose Investments’ Purpose XRP ETF opened on 18 June under tickers XRPP (CAD-hedged), XRPP.B (CAD) and XRPP.U (USD). The fund offers investors one-for-one exposure to XRP held in custody and follows the asset manager’s earlier launches of the world’s first spot bitcoin and ether ETFs.

Read more

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly requested a Manhattan District Court to dissolve the injunction in their ongoing legal dispute and release a $125 million civil penalty currently held in escrow. Their proposal suggests that $50 million of the penalty be paid to the SEC, with the remaining $75 million returned to Ripple. This joint motion marks a potential turning point in the multi-year case involving Ripple's XRP token.

Following procedural delays, the SEC and Ripple have also filed a joint status report with the Second Circuit Court requesting a pause on appellate proceedings while awaiting the district court's decision on the indicative ruling motion. The parties are seeking to modify the judgment that bars certain token sales and imposes the penalty, citing exceptional circumstances. Legal analysts see a growing chance for resolution, with the district court judge reportedly seeking more information before ruling. The case has been closely watched as a significant regulatory and legal event in the cryptocurrency sector.

Ripple's XRP Ledger is set to launch an Ethereum Virtual Machine (EVM) compatible sidechain in the second quarter of 2025, according to Ripple CTO David Schwartz. The announcement was made at the Apex 2025 conference in Singapore. This new sidechain aims to combine the XRP Ledger's speed and low transaction fees with Ethereum's smart contract capabilities, enabling interoperability between the two blockchain ecosystems. Built on the evmOS stack, the sidechain is currently live on testnet and will support Ethereum-based decentralized applications (dApps) and smart contracts. This development is expected to significantly enhance the functionality of the XRP Ledger by integrating Ethereum compatibility.

Ripple has announced an expansion of its blockchain education initiatives in the Asia-Pacific region by committing an additional $5 million in funding through its University Blockchain Research Initiative (UBRI). This effort spans six countries and reflects Ripple's ongoing investment in developing blockchain talent, a commitment it has maintained for over seven years. Concurrently, Ripple's RLUSD token supply has surpassed $300 million, supported by backing from the United Arab Emirates.

Ripple has launched a new grant program to support Web3 startups in Japan building on its XRP Ledger (XRPL), offering up to $200,000 per project. This initiative is in partnership with Web3 Salon, an organization backed by Japan’s JETRO and the Asia Web3 Alliance, aiming to foster development in areas such as decentralized finance, real-world assets, and payments. The program is part of Ripple’s broader commitment to global Web3 growth, which includes a billion-XRP investment. In addition to funding startups, Ripple is expanding its blockchain education efforts across the Asia-Pacific region by committing an additional $5 million through its University Blockchain Research Initiative (UBRI). This funding supports academic research and talent development in six countries, including Japan, South Korea, and Taiwan, focusing on blockchain technology, real-world assets, and artificial intelligence.

$ANIME, associated with @animecoin, has become the top-traded cryptocurrency on Upbit, South Korea's leading exchange, in the past week, surpassing major tokens such as XRP, Bitcoin, Ethereum, BNB, and SUI.

The token recorded over $500 million in total trading volume across all exchanges during this period. On Upbit, $ANIME's spot market volume exceeded that of the next three tokens combined, and daily volume also surpassed SUI and BNB on Binance for a time.

Over the last 30 days, $ANIME has risen by 60%, outperforming many other tokens in the market, and has seen a notable price surge. Daily trading volumes have increased from $300,000–$500,000 to consistently multiple millions, including on HL perpetuals.

Despite its strong performance and surge in trading activity in Korea, discussion of $ANIME remains relatively limited on Crypto Twitter.

Unicâmbio, one of Portugal's largest foreign exchange and money transfer agencies, has integrated Ripple's payment solution to enhance cross-border payments between Europe and Brazil. This integration leverages Ripple’s B2B crypto-powered platform, which offers near real-time, transparent, and 24/7 payment capabilities. Meanwhile, in Brazil, RedotPay has incorporated Circle’s Payments Network to enable instant crypto-to-fiat transfers, allowing users to send USDC and receive Brazilian real (BRL) directly into local bank accounts. These developments reflect growing opportunities in the internationalization of Spanish companies in Portugal and increased business collaboration among Spain, Portugal, and Latin America, as highlighted in recent business meetings focused on investment opportunities.

Hyperscale Data, a data center operator, plans to purchase up to $10 million worth of XRP cryptocurrency by the end of 2025. This acquisition is part of a broader strategy to expand crypto-based financial services through its subsidiary, Ault Capital Group. Ault Capital Group intends to launch an XRP lending platform targeting U.S. public companies in the third quarter of 2025. Separately, the U.S.-listed company Webus is preparing to raise approximately ¥43 billion (around $300 million) to establish a strategic XRP reserve.

The U.S. Securities and Exchange Commission (SEC) has officially begun reviewing WisdomTree's application for a spot exchange-traded fund (ETF) based on XRP, a cryptocurrency. The proposed WisdomTree XRP Trust would allow investors to gain exposure to XRP without directly holding the token. This marks the first spot XRP ETF application under review in the United States.

The SEC has opened a public comment period to gather input on market risks associated with the ETF and has up to 240 days to make a decision on the application. Approval of this ETF could pave the way for additional cryptocurrency ETFs in the U.S. market.

Ripple has submitted an additional letter to the U.S. Securities and Exchange Commission's (SEC) Crypto Task Force addressing a key question raised by Commissioner Hester Peirce regarding the point at which a digital asset ceases to be classified as an investment contract. In the letter, Ripple proposed a 'maturity' test or 'network maturity test' as a legislative framework to determine when cryptocurrency tokens should no longer be considered securities. The company emphasized the need for clearer regulatory guidance from the SEC to address ambiguities in current law and reduce the risk of vague regulation surrounding digital assets such as XRP.

The U.S. Securities and Exchange Commission's (SEC) Crypto Task Force recently held meetings with Nasdaq and decentralized finance (DeFi) startups to discuss the tokenization of securities using public blockchain technology. The discussions included the concept of a regulatory sandbox that would allow issuers to self-certify asset classifications under light-touch disclosure standards.

During a May 21 meeting, Nasdaq advocated for digital asset-friendly venues and requested authorization for a new 'ATS-Digital' platform to list digital asset investment contracts alongside commodity-style tokens. The exchange also called for a joint safe harbor with the Commodity Futures Trading Commission (CFTC) for assets with uncertain regulatory status, while emphasizing the need to maintain national market system protections. Commissioner Mark Uyeda has signaled support for such efforts.

Read more

The Dubai Land Department (DLD) has launched the Middle East’s first government-backed real estate tokenization platform, selecting the XRP Ledger as the blockchain infrastructure. The initiative is developed in collaboration with Ctrl Alt, the tokenization provider, and real estate fintech firm Prypco.

The platform, called PRYPCO Mint, enables investors—including those with a United Arab Emirates ID—to purchase fractional ownership in Dubai properties, with a minimum investment of AED 2,000 (approximately $540). Transactions are settled in UAE dirhams, and the platform is currently available to UAE ID holders, with plans for global expansion.

Read more