Trump Org Tokenizes Construction Of Maldives Resort Plans

Benzinga

The Trump Organization and Dubai-based Dar Global will build a tokenized luxury resort in the Maldives, letting investors buy fractional blockchain-based stakes in the 80-villa project opening in 2028. The partnership extends Trump’s Middle East real-estate ventures as the company blends property development with crypto financing.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02The Trump Organization is partnering with Dubai-based Dar Global to develop a Trump-branded

00:07luxury resort in the Maldives and plans to tokenize the project to raise investor funds,

00:12according to the Wall Street Journal. The Maldives Hotel will feature 80 ultra-luxury

00:16beachside and over-water villas about 25 minutes from Malay, with an expected opening in 2028.

00:23The tokenized structure allows investors to buy a fractional share of the hotel's development

00:27on a digital blockchain, though the company did not say whether investors will receive

00:31profits or another form of return. The announcement comes ahead of Saudi Crown Prince Mohammed bin

00:37Salman's visit to Washington. Trump has worked with Dar Global on multiple real estate projects

00:42across the Middle East. Eric Trump said he aims to blend the family's real estate portfolio

00:47with crypto ventures to give ordinary investors away to have a piece of something that we do.

00:52For all things money, visit Benzinga.com.

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