Ripple restarts global expansion in the Middle East, with rapid progress in tokenization and payment services.

After reaching a settlement with U.S. regulators, Ripple is accelerating its globalization strategy, focusing on the Middle East as a key deployment area. Dubai has become a critical point for its development of tokenization of real-world assets (RWA) business.

Recently, the XRP Ledger has been selected as the underlying network for the Dubai real estate blockchain tokenization project, reflecting Ripple's development in government-enterprise cooperation, cross-border settlement, and stablecoin infrastructure gradually transforming into actual business breakthroughs.

At the same time, a Nasdaq-listed energy company announced the completion of a large-scale private placement financing, which will transform into a cryptocurrency asset reserve strategy centered around XRP. This demonstrates the recognition and investment interest of Middle Eastern capital in the XRP ecosystem.

XRP Ledger becomes the public chain for the Dubai government's property tokenization project

The Dubai Land Department has partnered with an asset tokenization platform to launch the Middle East's first government-led real estate tokenization project, PRYPCO. This project is supported by the Dubai Virtual Assets Regulatory Authority and the Future Foundation, and plans to achieve on-chain issuance of real estate assets on the XRP Ledger through a certain platform, with a minimum investment threshold of approximately 545 dollars.

This is an important component of Dubai's "Real Estate 2033 Strategy," aiming to achieve a tokenization market of approximately $16.3 billion in real estate by 2033. A certain platform has obtained the relevant licenses and stated that it has completed the tokenization of nearly $295 million in assets.

The XRP Ledger uses a consensus algorithm that does not require mining, enabling transaction settlement in seconds. The network is also actively promoting a stablecoin ecosystem, with several institutions announcing plans to issue stablecoins pegged to fiat currencies on the XRP Ledger.

Middle East Strategy Accelerated: Obtained License and Acquired Brokerage Firm

Ripple established its regional headquarters in Dubai as early as 2020. In March of this year, Ripple obtained a regulatory license issued by the Dubai Financial Services Authority, becoming the first compliant blockchain payment provider in the region. Ripple has also partnered with several financial institutions in the UAE to integrate its cross-border payment system into their services.

In addition to payment services, Ripple is also intensifying its layout in the fields of brokerage, custody, and tokenization. The company announced plans to acquire a major brokerage firm for $1.25 billion, aiming to expand the services it provides to institutional investors.

Exploration of the "Tokenization as a Service" Model

Industry insiders believe that Ripple is attempting to build a technological layer for the tokenization of global financial assets through the XRP Ledger. Its vision is to provide financial institutions with "tokenization as a service," achieving a fully integrated process from asset tokenization, collateral payment to settlement circulation.

Overall, after years of disputes with regulators, Ripple is quickly redeploying its global strategy with the help of the Middle East, a regulatory-friendly region. The XRP Ledger, as its technological core, is playing multiple roles ranging from payment infrastructure, stablecoin settlement to asset tokenization. If Ripple can successfully promote the "tokenization as a service" model, the Middle East may become an important testing ground for integrating DeFi with traditional finance and advancing asset on-chain.