The Trump Organization and London-listed luxury real estate developer Dar Global are debuting a tokenized project to develop a luxury hotel in the Maldives, one of the most exclusive holiday destinations in the world.
Trump Organization and Dar Global Tokenize Luxury Hospitality Project Development with ‘Unprecedented Financial Innovation’, According to Joint Study announcement on Monday.
Unlike most tokenized real estate projects that share ownership of completed or nearly completed properties, the initiative will enable investors to gain exposure at the earliest stages of development.
The up-to-date resort, Trump International Hotel Maldives, will open by the end of 2028. Located a 25-minute speedboat ride from Malé, the resort will feature approximately 80 luxury beach and waterfront villas for travelers seeking “the highest levels of privacy, exclusivity and sophistication.”
Development plans aim to leverage the benefits of the emerging real-world asset tokenization industry, which mines real assets on a blockchain ledger, offering greater access to investors through fractional shares and 24/7 trading capabilities.
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The Trump Organization Will Set a ‘Novel Benchmark’ for Tokenized Real Estate Investments: Eric Trump
According to Eric Trump, executive vice president of The Trump Organization, the up-to-date resort development initiative will set “a new benchmark for tokenized real estate investments.
“This venture will not only redefine luxury in the region, but also set a new benchmark for real estate investment innovation through tokenization,” he said.
The Trump Organization did not immediately respond to a request for comment on what specific investment opportunities would be made available under the tokenized model.
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“Tokenizing the development of Trump International Hotel Maldives is a world-first solution that combines luxury, innovation and technology in a way that will transform the way the world invests in hospitality,” said Ziad El Chaar, CEO of Dar Global.
The development comes as Trump-linked cryptocurrency ventures have gained popularity during US President Donald Trump’s second term. As of October 16, the Trump family’s cryptocurrency businesses, including World Liberty Financial (WLFI) tokens and the official Trump tokens (TRUMP) and Melania Meme (MELANIA), reported approximately $1 billion in pre-tax profits.
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