Trump International Hotel Maldives to Offer Tokenized Real Estate Investments
The Trump Organization and luxury developer Dar Global have announced plans to develop the Trump International Hotel Maldives, a resort featuring 80 villas, with an anticipated opening by the end of 2028. Located about 25 minutes by speedboat from Malé, the project emphasizes privacy and exclusivity.
Notably, the development will be tokenized, enabling investors to participate during the project's development phase instead of only after completion. Specific details regarding timing and participation have not been disclosed. Dar Global markets tokenization as a means to provide access to high-value properties in a smarter, more flexible, and globally connected way.
Eric Trump stated that the development will redefine luxury and set a new benchmark for real estate investment through tokenization. Dar Global CEO Ziad El Chaar described this approach as a global first, blending luxury, innovation, and technology.
Following the announcement, Dar Global's shares, trading on the London Stock Exchange under the ticker DAR, closed up nearly 3% on Monday. Representatives for both Dar Global and the Trump Organization did not immediately respond to requests for comment.
This initiative aligns with the Trump family's recent pursuits of crypto-related ventures, with former President Trump showing pro-crypto positions and supporting projects such as World Liberty Financial and a Solana meme coin.
