TechFlow, July 7 — According to Crowdfundinsider, the Dubai Land Department (DLD) signed a memorandum of understanding with global cryptocurrency platform Crypto.com on July 7, 2025, to jointly develop a digital investment environment for virtual real estate assets. This collaboration aims to advance blockchain-based property transactions, asset tokenization, and the use of digital currencies in real estate settlements, supporting the Dubai Real Estate Strategy 2033 goal of achieving AED 1 trillion in transaction volume by 2033.
Under the agreement, Crypto.com will provide blockchain technology solutions, an asset tokenization platform, and digital custody services, while the Dubai Land Department will be responsible for assessing project feasibility and regulatory compliance.
