Trump Organization to tokenize Maldives resort development for early investors

The tokenized luxury resort development plan may set a “new benchmark” for tokenized real estate investment, said Eric Trump.

The Trump Organization and London-listed luxury real estate developer Dar Global are debuting a tokenized luxury hotel development project in the Maldives, one of the world’s most exclusive holiday destinations.

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 on Monday.

Unlike most tokenized real-estate projects, which fractionalize ownership of completed or near-completed properties, the initiative will allow investors to gain exposure at the earliest stages of development.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *