Trump's $300 million Maldives resort launches blockchain integration: investors can purchase tokens for the under-construction project.

Trump Organization and London-listed company Dar Global jointly announced in November 2025 that they will develop the Trump Maldives International Hotel through blockchain tokenization, marking the world's first tokenized financing project for a hotel under construction. The project is valued at $300 million and includes 80 beach and overwater villas, with an expected opening by the end of 2028.

Investors can gain ownership rights by purchasing tokens before the project is completed, marking the expansion of real estate tokenization from mature assets to the development stage. Industry data shows that the market value of tokenized real estate has reached $3.52 billion, with a 53% increase in monthly active addresses and over 165,000 holders.

Maldives Resort Project Structure and Tokenization Model Innovation

Trump's Maldives project adopts a layered token structure: the base layer consists of asset-backed tokens, representing ownership of villa units; the revenue layer consists of governance tokens, granting holders voting rights on hotel operations and profit sharing. This design breaks through the limitations of traditional real estate tokenization, which only targets completed assets, transferring both development risks and returns to investors. Dar Global CEO Ziad El Chaar revealed that token sales will be conducted through a regulated digital securities platform, in compliance with U.S. Reg D exemption provisions, with a minimum investment threshold set at $10,000. 20% of the tokens will be reserved for local investors in the Maldives to comply with local foreign ownership regulations.

The Evolution of Blockchain Strategy Organized by Trump

This is already the third blockchain initiative by the Trump Organization for 2025. In April, its $1 billion project in Dubai announced it would accept cryptocurrency payments; in May, it collaborated with Bill Zanker to develop a real estate-themed blockchain game. This accelerated layout reflects the recognition of distributed ledger technology by traditional real estate developers.

It is particularly noteworthy that the Maldives project chose to issue tokens on the XRP Ledger, consistent with the technology stack of the Prypco Mint platform supported by the Dubai government. The Dubai Land Department plans to tokenize $16 billion in real estate through the XRP Ledger by 2033, and the technology selection of the Trump project may become a benchmark for the industry.

Trump Blockchain real estate project key data

• Maldives Project Valuation: 300 million USD (80 villas)
• Tokenization Ratio: 40% of project equity ($120 million)
• Investment Threshold: Starting from 10,000 USD
• Technical Layer: XRP Ledger
• Expected Return: Average annual rental yield of 6% + capital appreciation

Global Tokenization of Real Estate Trends and Regulatory Developments

The real estate tokenization market is experiencing explosive growth. The Monetary Authority of Singapore is about to launch a pilot for tokenized government bonds, using central bank digital currency for settlement; Europe is testing tokenized sovereign debt under the DLT pilot scheme. In terms of institutional allocation, State Street's research shows that digital assets account for about 7% of current portfolios, and this is expected to double within three years. The special significance of the Trump project lies in its expansion of tokenization from financial assets to the development phase of physical assets. If this model proves successful, it could change the way $300 billion of global vacation real estate is financed. On the regulatory front, the U.S. SEC is formulating rules for digital asset real estate investment trusts (REITs), which are expected to be released in 2026.

Assessment of Investment Opportunities and Risk Factors in Maldives Resort

For investors, the tokenization of real estate in the development phase offers liquidity that traditional markets cannot achieve—tokens can be transferred on the secondary market, and the minimum trading unit can be split down to 0.001 tokens. Expected returns include: asset appreciation during the construction period (historical data shows that luxury resorts in the Maldives appreciate at an average annual rate of 8%), net profit sharing during the operational period (the industry average NOI yield is 6-8%), and the liquidity premium of the tokens themselves.

But the risks are also significant: project delay risk (Maldives climate may cause construction interruptions), regulatory risk (tokens may be reclassified as securities), technical risk (smart contract vulnerabilities). It is recommended that professional investors allocate no more than 3-5% of their portfolio and pair it with completed property tokens to diversify risk.

Comparison of Industry Competition and Innovation Models

The Trump project faces competition from various sides: luxury real estate developer Bulgari launched a tokenized ski resort in Switzerland, using the Tezos blockchain; Marriott Group is collaborating with Propy to test timeshare tokens. In terms of technological innovation, Singapore's SDAX platform has introduced the concept of “dynamic tokens” that can automatically adjust dividends based on occupancy rates; European REITs company Vonovia is experimenting with binding carbon credits to building energy efficiency tokens.

These innovations are reconstructing the value distribution mechanism of real estate, expanding from pure property rights income to the capture of diverse values such as operational data and environmental rights. For early participants, professional advisors recommend prioritizing issuers with real operational experience and verifying the legal isolation structure of the underlying assets.

When luxury real estate meets blockchain tokenization, what we witness is not only an innovation in financing models, but also an experiment in the democratization of asset ownership. The Trump Maldives project, as a pioneer of tokenization in the development phase, will test whether distributed ledger technology can truly break through the high barriers and low liquidity challenges of real estate investment. In this new paradigm, every investor could potentially become a co-owner of an international resort, and how to balance innovation risks with returns will become a key issue in the evolution of the industry.