Ripple Exec Reveals Launch of Tokenized Properties Trading on XRP Ledger
Analysis
Price Impact
HighThe launch of phase two for dubai's real estate tokenization project on the xrp ledger, enabling controlled secondary market trading for tokenized properties (over $5 million in value), significantly boosts the real-world asset (rwa) utility and adoption for the xrp ledger. this expands its ecosystem and potential demand for xrp.
Trustworthiness
HighThe information is directly from a senior ripple executive (reece merrick) and involves official entities like the dubai land department, confirming a 'phase two' launch following a successful pilot.
Price Direction
BullishThe expansion of the xrp ledger's utility into high-value real estate tokenization and secondary market trading creates direct, sustained demand for the network, which typically translates to positive price sentiment for xrp as the native asset.
Time Effect
LongWhile there might be immediate positive sentiment, the full impact of establishing dubai as a global standard for tokenized real estate, powered by the xrp ledger, will unfold over an extended period, driving long-term value and adoption.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News On Friday Feb. 20, Reece Merrick, a senior executive at Ripple, disclosed a major development on the XRP Ledger with regards to the Dubai Real Estate Tokenization Project. Advertisement Following a recent X post today, Merrick revealed that the Dubai Land Department has also jumped on the moving train to boost real-world asset adoption on the XRP Ledger. Thrilled to see Phase Two launch for Dubai @Land_Department Real Estate Tokenization Project! Building on the pilot, controlled secondary market trading is now live for tokenized properties on the XRP Ledger, secured by @Ripple Custody via our partner @CtrlAltCo This is massive… — Reece Merrick (@reece_merrick) February 20, 2026 The move follows the official phase two launch of the Dubai property tokenization project in collaboration with Ripple custody and Ctrl Alt, a tokenization infrastructure provider. Advertisement Dubai’s tokenized real estate goes live on XRP Ledger Notably, Merrick emphasized that phase two of the project introduces controlled secondary market trading for tokenized property assets on the XRP Ledger . HOT Stories Morning Crypto Report: Cardano Ecosystem Onboards USDC, SBI Ripple Asia and AWAJ Clarify XRP Ledger Strategic Roadmap, Bitcoin Turns 5 Years Old as $1 Trillion Asset Ripple Exec Reports Breakthrough in DC Crypto Meeting This move enables investors to resell fractional ownership stakes within a regulated framework while expanding access to the leading cryptocurrency, XRP. Users should note that phase two builds on a successful pilot in which 10 properties representing more than $5 million in real estate value were tokenized. Advertisement More interestingly, about 7.8 million tokens issued during the pilot are now eligible for resale, a move designed to expand liquidity and accessibility on Dubai’s property market. You Might Also Like Thu, 02/19/2026 - 12:19 XRP Ledger Update: UNL Expands With Trusted New Validator Added By Tomiwabold Olajide While the move has seen support from Ripple, all transactions involving the project will be recorded on-chain via the XRP Ledger and secured using Ripple Custody infrastructure. Per reports delivered regarding the project, one of the major purposes of the controlled secondary market is to test operational readiness while reinforcing transparency, governance standards and investor protections. Following its partnership with Ctrl Alt, the firm has integrated its tokenization engine directly with Dubai’s land registry processes, allowing title deeds to be issued, managed and transferred on-chain. Nonetheless, the move tends to unlock Dubai’s full tokenization potential while positioning it as a global standard for tokenized real estate markets. #XRP #XRP Ledger #Ripple News