The Trump Organization plans to build a tokenized luxury resort in the Maldives in collaboration with Dar Global. The Trump International Hotel Maldives will offer ultra-luxury beach and overwater villas, redefining luxury in the region. The project aims to innovate real estate investment through tokenization, opening by 2028.
Tokenization leverages blockchain to represent real-world assets as digital tokens, making them fractional and accessible for trading 24/7. The Trump International Hotel Maldives will be tokenized in the development phase, allowing investors to participate from the earliest stage. This initiative sets a new benchmark for innovation in real estate investment.
Eric Trump, Executive Vice President of The Trump Organization, expressed excitement about bringing the Trump brand to the Maldives with Dar Global. He believes the project will redefine luxury and innovation in real estate investment through tokenization. Dar Global CEO Ziad El Chaar highlighted the initiative as groundbreaking, blending luxury, innovation, and technology to transform hospitality investment globally.
Read more at Yahoo Finance: Trump Organization to tokenize new Maldives luxury resort
