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XRPL’s Forgotten Advantage Spotlighted as Dubai Launches New Project

  • XRPL, launched in 2012, introduced the world’s first decentralized exchange (DEX) and was purpose-built for asset tokenization.
  • Dubai Land Department (DLD) unveiled its first real estate tokenization platform on the XRP Ledger, allowing residents to buy fractionalized property shares.
  • DLD aims to tokenize $16 billion worth of real estate by 2033, utilizing XRPL’s features to democratize property ownership and make real estate investment more accessible.
  • This development highlights XRPL's potential in DeFi and RWA integration, positioning it well in the growing tokenization trend globally.

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