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 models that typically tokenize real estate after it is completed.
The Trump Organization is working with a Saudi Arabian partner to build a luxury resort in the Maldives and plans to tokenize the hotel development. The Trump International Hotel Maldives project will include 80 ultra-luxury beach and water villas, developed by the Trump Organization and Dar Global Plc, the companies said in a joint statement on Monday. Dar Global is a London-listed subsidiary of a Saudi developer. The Maldives resort is planned to...
On October 1st, at this year's Token 2049 conference in Singapore, Polychain CEO Olaf Carlson Wee shared the keynote speech of "meme coin is an information market". Olaf observed a sharp divergence in the attitudes of institutional investors and retail investors towards meme coins. Institutional investors see meme coins as gambling and zero-sum...

JP Morgan eyes stablecoins as U.S. legislation advances and the potential market grows.


According to the Financial Times, the government of the Maldives has signed an agreement with Dubai-based family office MBS Global Investments on May 4 to invest $9 billion to jointly develop a large cryptocurrency and blockchain center in the capital Male. The move is designed to attract foreign direct investment into the blockchain and Web3 technology sector, helping the Maldives move away from blockchain technology.
On March 5th, Bridgewater Fund founder Dalio recently said that the current global monetary system is based on debt, and governments around the world may devalue their currencies through inflation or low interest rate policies. Investors should consider whether there is a debt-free, relatively...
Powell reiterated that there is no need to rush to adjust interest rates, and it plunged more than $40 during the golden day! Iran warned to close the oil transportation route, and Ukraine planned to exchange part of the controlled land with Russia... What major events happened in the world last night and this morning?