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Saudi real estate company plans to tokenize the Trump Hotel in the Maldives, targeting investors in the United States

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2025-11-19 07:33:45
Saudi real estate developer Dar Global plans to raise the majority of the project's funding by tokenizing a new Trump-branded hotel project in the Maldives and selling tokens to U.S. retail investors.
Ziad El Chaar, CEO of Dar Global, said that the company will tokenize up to 70% of its luxury resort projects as its main financing strategy, leveraging blockchain technology and maximizing the distribution of token holders.
Unlike the usual model of tokenizing real estate after it is completed, the plan by Dar Global and the Trump Group says it will tokenize the development phase, giving investors exposure from the start of the project, according to a press release issued on Tuesday. According to a separate report by Bloomberg, the project in the Maldives is currently valued at around $300 million, and Dar Global intends to retain 30% to 40% ownership of the share.
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