The Trump Organization, the real estate company linked to the US president’s family, is bringing a new luxury resort to the Maldives.
The Trump International Hotel Maldives will be built in partnership with Saudi real estate development company Dar Global, which has announced plans to tokenize the development itself, allowing investors to buy digital shares linked to the project in the early stages.
The resort, about 25 minutes by speedboat from the island’s capital, Malé, will feature 80 beach and overwater villas and is expected to open by the end of 2028,
“This development has set a new benchmark for innovation in real estate investing through tokenization,” said Eric Trump, executive vice president of the Trump Organization.
The announcement follows Eric Trump, son of Donald Trump, last month confirming real estate tokenization plans in an interview with CoinDesk TV, outlining plans to develop a building that will be tokenized via the crypto platform with close ties to the Trump family.
Asset tokenization has gained momentum in recent years as financial companies use blockchain rails to move and record ownership of traditional financial instruments such as funds, bonds, credit and stocks. Real estate tokenization is expected to become a key method of financing, owning and trading properties, potentially reaching a market size of $4 trillion by 2035, according to a report from the Deloitte Center for Financial Services.
While tokenization can bring efficiencies to real estate investing, risks such as regulatory uncertainty, liquidity issues and security vulnerabilities remain, an EY report highlighted earlier this year.
Read more: Eric Trump confirms plans to tokenize real estate with World Liberty Financial
