Ripple President Is Proud of Ripple and XRP Ledger. Here’s why

Ripple has taken a significant step toward expanding its institutional custody services in the Middle East by partnering with Ctrl Alt to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project. The announcement is notable, as it highlights Ripple’s growing global custody footprint and shows the increasing institutional interest in XRP in the UAE. Monica Long, President of Ripple, underlined the gravity of Ripple Custody’s role in this initiative. In a post on X, she highlighted the critical importance of secure, institutional-grade custody, stating, “As trillions of dollars of assets… become tokenized around the world, you cannot overstate the importance of bank-grade custody and security underpinning these assets.” She emphasized that safeguarding the DLD’s tokenized title deeds on the XRP Ledger (XRPL) is “no elementary task,” reinforcing Ripple’s position as a trusted provider of institutional-grade infrastructure. As trillions of dollars of assets (bonds, stocks, real estate, the list goes on) become tokenized around the world, you cannot overstate the importance of bank-grade custody and security underpinning these assets. Proud to have Ripple Custody safeguarding the Dubai Land… https://t.co/jVkjT5N36K — Monica Long (@MonicaLongSF) July 17, 2025 Bank-Grade Security for Tokenized Assets The DLD launched this tokenization initiative in May. According to this announcement, Ripple’s custody solution will be responsible for the secure, scalable storage of these tokenized assets. According to Ripple, this effort will enable more transparent and efficient real estate transactions while opening the door to fractional ownership. The move aligns with Dubai’s broader push to modernize its asset markets through tokenization and digital transformation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Ripple’s institutional-grade custody technology will serve as the foundation for securing tokenized property ownership records, which are now being issued on XRPL. This infrastructure will enable global investors to securely access Dubai’s real estate market, a development that could redefine asset accessibility and participation in the region. Ripple’s Strengthening Presence in the UAE This partnership complements Ripple’s expansion in the UAE’s digital asset space. Earlier this year, Ripple became the first blockchain-enabled payments firm to be licensed by the Dubai Financial Services Authority (DFSA), opening up a new market for XRP adoption. Ripple has also formed key relationships with regional financial institutions such as Zand Bank and Mamo . Both XRP and RLUSD are approved for use within the Dubai International Financial Centre (DIFC). With over a decade of experience and regulatory licenses across more than 60 jurisdictions, Ripple is positioning itself as a central infrastructure provider for tokenized asset markets. The UAE’s integration of Ripple Custody into the national real estate system demonstrates the growing institutional confidence in the firm’s role in powering the tokenized economy. As the tokenization expands, Ripple and XRP will play more prominent roles. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple President Is Proud of Ripple and XRP Ledger. Here’s why appeared first on Times Tabloid .

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