Well now, gather ’round, folks! It seems our good friend John Deaton, a champion of Ripple and the mastermind behind CryptoLaw, has taken to the digital skies to remind us all of a little gem from the Ripple treasure chest, dating back to 2012. This nugget shines a light on the XRPL’s role in the grand adventure of tokenizing real-world assets (RWAs). Who knew, right? 🤔
In a recent proclamation, Deaton pointed out a rather important feature of XRPL that has been gathering dust in the corner while the crypto community has been busy chasing shiny new toys. This revelation comes hot on the heels of an announcement from the Dubai Land Department, which, if you ask me, sounds like a place where dreams and paperwork collide. 🏢
According to our legal eagle, XRPL boasts a design so clever it could outsmart a fox in a henhouse, specifically crafted for the tokenization of RWAs, and yes, that includes real estate! 🏡
DLD Launches First Real Estate Tokenization Platform on XRPL
Now, hold onto your hats, because Deaton’s excitement was sparked by the Dubai Land Department’s latest escapade. Just a few hours prior, they unveiled their shiny new real estate tokenization platform on the XRP Ledger. Talk about a plot twist! 🎉
This groundbreaking development means that folks in Dubai can now buy slices of properties like they’re ordering a pizza—no need to cough up the whole pie! This innovation opens the doors to the real estate market for those who might not have a fortune stashed under their mattresses. 🍕💰
The real estate agency claims this marks a significant milestone on their quest for a whopping $16 billion in tokenized real estate by 2033. With DLD teaming up with XRPL, it seems the Ripple ecosystem is poised for a grand entrance onto the world stage. 🌍
While many seem blissfully unaware of this hidden XRPL feature, Deaton insists that this development is yet another feather in XRPL’s cap, proving its prowess in the realm of real estate tokenization. He’s not shy about declaring XRPL as the old sage of DeFi innovation, with its remarkable ability to facilitate RWA tokenization. 🦉
What people fail to realize is that the XRPL, created in 2012, has the World’s first DEX, and was designed for the tokenization of RWA, such as real estate.
— John E Deaton (@JohnEDeaton1) May 26, 2025
Deaton further waxed poetic about how the world’s first DEX was birthed through the launch of XRPL in 2012, solidifying its stronghold in the DeFi ecosystem. It’s like watching a tortoise outpace a hare, folks! 🐢💨
With such monumental adoptions sprouting up on XRPL, Ripple’s native token, XRP, is gearing up for a grander market participation, setting the stage for its price to soar like a kite on a windy day. 🎈
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2025-05-27 02:49