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Trump Organization will tokenize resort project in the Maldives

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Source: Exame Original Title: Trump Organization will tokenize resort project in the Maldives Original Link: The Trump Organization and the luxury real estate developer listed in London, Dar Global, are launching a tokenized luxury hotel development project in the Maldives, one of the most exclusive vacation destinations in the world.

The Trump Organization and Dar Global are tokenizing the development of a luxury hospitality project, introducing an “unprecedented financial innovation,” according to a joint announcement.

Unlike most tokenized real estate projects that fraction the ownership of completed or nearly completed properties, the initiative will allow investors to have exposure from the earliest stages of development.

The new resort, Trump International Hotel Maldives, is expected to open by the end of 2028. Located 25 minutes by speedboat from Malé, the resort will feature around 80 luxury villas on the beach and over the water, aimed at travelers seeking “the highest levels of privacy, exclusivity, and sophistication.”

The development plans aim to leverage the advantages of the growing real-world asset tokenization sector, which transforms tangible assets into records on the blockchain, offering greater access to investors through fractional shares and 24-hour trading opportunities.

“New standard” for tokenized real estate investments

The new resort development initiative will set a “new standard” for tokenized real estate investments, according to Eric Trump, executive vice president of the Trump Organization.

“This development will not only redefine luxury in the region, but also establish a new standard of innovation in real estate investment through tokenization,” he stated.

The Trump Organization did not immediately respond to a request for comment on what specific investment opportunities will be offered in the tokenized model.

“Tokenizing the development of the Trump International Hotel Maldives marks a global pioneering effort that combines luxury, innovation, and technology in a way that will transform how the world invests in hospitality,” said Ziad El Chaar, CEO of Dar Global.

The development occurs as cryptocurrency ventures linked to Trump gain momentum during the second term of U.S. President Donald Trump. On October 16, the Trump family's crypto-related businesses, including World Liberty Financial (WLFI), Official Trump and Melania Meme, had recorded about $1 billion in profit before taxes.

TRUMP-0.09%
WLFI0.26%
MELANIA-4.41%
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PumpDoctrinevip
· 1h ago
Did Trump tokenize? This is really going to get serious in Web3, even luxury resorts are starting to go on-chain.
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PanicSeller69vip
· 1h ago
Is Trump starting to play with tokenization now? The Mayans predicted he would come to save crypto 😂
View OriginalReply0
LonelyAnchormanvip
· 1h ago
Damn, Trump is even starting to tokenize resorts? This guy really wants to put everything on-chain 😂
View OriginalReply0
MainnetDelayedAgainvip
· 1h ago
Another beach dream of tokenization, according to the database, this type of project has been making promises since 2021...
View OriginalReply0
MEVHuntervip
· 1h ago
Wow, Trump is tokenizing a resort? We need to analyze the tokenomics and Liquidity structure... Wait, where is the arbitrage opportunity?
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JustAnotherWalletvip
· 1h ago
Tokenizing resorts again? Trump really can do anything, huh. These days, the rich really play differently.
View OriginalReply0
gaslight_gasfeezvip
· 1h ago
Trump is getting into tokenization? This trick is so old, just another new way to fleece retail investors.
View OriginalReply0
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