Trump International Hotel Maldives to Be Developed as a Tokenized Real Estate Project
The Trump Organization and Dar Global are collaborating to develop the Trump International Hotel Maldives and will tokenize the project to offer digital shares to investors from the early stages. Located about 25 minutes by speedboat from Malé, the resort will feature 80 beach and overwater villas, with a planned opening by the end of 2028.
The tokenization process will be conducted onchain, enabling investors to purchase digital shares directly tied to the project during its initial phases. Eric Trump described the initiative as a benchmark for innovation in real estate investment through tokenization and had earlier confirmed these plans in a CoinDesk TV interview, mentioning the intent to tokenize a building via WLFI, a crypto platform linked to the Trump family.
Industry projections suggest significant growth in real estate tokenization, with the Deloitte Center for Financial Services estimating it could reach $4 trillion by 2035. However, EY highlights potential risks associated with tokenizing real estate, including regulatory uncertainty, liquidity challenges, and security vulnerabilities.