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The $1 billion blueprint for tokenized real estate: RWAs shaping Dubai

cryptoweekly by cryptoweekly
February 28, 2025
in bitcoin, News
0

Dubai’s Damac Properties and the Mantra protocol are spearheading a $1 billion initiative to tokenize real estate, unlocking global investment opportunities through blockchain.

The real estate industry is undergoing a digital transformation, and Dubai is at the forefront of this revolution.

In this episode of Decentralize with Cointelegraph, Amira Sajwani, managing director at Damac Properties, and John Patrick Mullin, co-founder and CEO of Mantra, discuss their $1 billion plan to tokenize real-world assets (RWAs) and reshape global property investment.

One of the biggest misconceptions about asset tokenization is its association with cryptocurrency volatility. Sajwani addresses this concern head-on:

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  • Bitcoin ETFs add $412M, extend 6-day inflow streak amid Israel-Iran conflict
  • Genius Group Bitcoin treasury grows 52% as 1,000 BTC goal reaffirmed
  • Cathie Wood’s ARK dumps first Circle shares batch for $52M
  • Analyst: Prepare for a 530% XRP price breakout to $14 if this happens
  • Pump.fun and its founder hit in X account suspension blitz
  • Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
  • Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’

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