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Ctrl Alt Receives UAE's First ARVA Token Issuer License from Dubai's VARA
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Ctrl Alt Receives UAE’s First ARVA Token Issuer License from Dubai’s VARA

Ctrl Alt, a tokenization infrastructure platform, has announced that it has obtained a virtual asset broker-dealer license and an issuer license from Dubai’s Virtual Assets Regulatory Authority (VARA). As of May 1, 2025, Ctrl Alt has successfully tokenized over $295 million in various assets, including real estate, private credit, funds, and litigation finance. According to...

Saudi Arabia Launches Its First Tokenized Real Estate Transaction with droppRWA and RAFAL Real Estate
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Saudi Arabia Launches Its First Tokenized Real Estate Transaction with droppRWA and RAFAL Real Estate

DroppRWA, a sister company of the Web3 technology provider DroppGroup, has teamed up with Saudi Arabia’s real estate developer RAFAL Real Estate Co. to execute the kingdom’s first-ever real-world asset (RWA) tokenization transaction. This initiative represents a significant turning point, as the RAFAL pilot will serve as a national feasibility benchmark for the future of...