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Trump Organization to tokenize Maldives resort development for early investors

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 26 Views

The tokenized luxury resort development plan may set a “new benchmark” for tokenized real estate investment, said Eric Trump.

The Trump Organization and London-listed luxury real estate developer Dar Global are debuting a tokenized luxury hotel development project in the Maldives, one of the world’s most exclusive holiday destinations.

The Trump Organization and Dar Global are tokenizing the development of a luxury hospitality project, introducing an “unprecedented financial innovation,” according to a joint announcement on Monday.

Unlike most tokenized real-estate projects, which fractionalize ownership of completed or near-completed properties, the initiative will allow investors to gain exposure at the earliest stages of development.

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