Ripple Partners with Ctrl Alt to Expand in Middle East

TheCryptoTimesPublished on 2025-07-16Last updated on 2025-07-17

Ripple has partnered with Ctrl Alt to bring secure digital asset custody to Dubai’s real estate sector, marking a major step in its Middle East expansion.

This strategic partnership was announced on July 16 and helps the Dubai Land Department (DLD) in its Real Estate Tokenization Project. Ctrl Alt will use Ripple’s institutional-grade custody technology to store tokenized real estate title deeds issued on the XRP Ledger (XRPL).

In partnership with Ctrl Alt and the Dubai @Land_Department, Ripple Custody will deliver scalable and secure storage for the Dubai Land Department’s tokenized real estate title deeds, which have been issued on the XRP Ledger – enabling fractional ownership, transparency, and…
— Ripple (@Ripple) July 16, 2025

This marks the first time a Middle Eastern government authority is issuing tokenized property deeds on a public blockchain. Ripple’s Reece Merrick called the project “forward-thinking” and praised Dubai’s growing role in the global digital asset space.

Ctrl Alt, recently licensed as a VASP by Dubai’s Virtual Assets Regulatory Authority (VARA), will now offer compliant token issuance and custody for real-world assets. Its CEO, Matt Ong, said the partnership allows Ctrl Alt to use proven and secure technology to help open Dubai real estate investment to more people through tokenization and fractional ownership.

This move makes Ripple’s digital asset custody services available in the UAE for the first time. The company currently serves institutions in Europe, the Middle East, Asia-Pacific and Latin America.

Ripple has been gaining traction in the UAE after receiving its license from the Dubai Financial Services Authority (DFSA). It has also partnered with Zand Bank and Mamo and received approval for its stablecoin RLUSD for use in Dubai’s financial zone.

With over 60 global licenses, Ripple is well-positioned to power secure, compliant digital asset services worldwide.

Also Read: Ripple Targets RLUSD Growth in Europe with MiCA License

Follow The Crypto Times on Google News to Stay Updated!

Trending Cryptos

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

ZRX（0X）ZRX

PancakeSwapCAKE

Tsinghua University's Special Award Winner, Gu Yuxian, Joins DeepSeek

Tsinghua University's prestigious Graduate Special Scholarship recipient and 2021 Ph.D. candidate, Yuxian Gu, has officially joined DeepSeek. This news coincides with DeepSeek's major recruitment drive and the imminent launch of DeepSeek V4, on whose research paper Gu is listed as an author. A doctoral student in the Conversational AI group under Professor Minlie Huang at Tsinghua, Gu's research focuses on enhancing efficiency throughout the entire lifecycle of large language models. His key contributions span three areas: innovative methods for pre-training data selection (e.g., PDS), advanced knowledge distillation techniques for model compression (notably MiniLLM), and the development of efficient model architectures like Jet-Nemotron. His work has gained significant recognition, with nearly 5,000 citations on Google Scholar. Key publications include the highly cited surveys and papers on pre-trained models and the MiniLLM distillation method. As first author, he has presented at top-tier AI conferences including NeurIPS, ICLR, and ACL. One of his notable achievements is the Jet-Nemotron architecture, which combines Post-Neural Architecture Search (PostNAS) and a novel linear attention module called JetBlock. This model series demonstrates state-of-the-art performance rivaling larger models while achieving substantial efficiency gains in inference. Gu's expertise in creating powerful yet efficient AI systems aligns with industry needs, as evidenced by the adoption of his MiniLLM method by leading tech companies. His move to DeepSeek is anticipated to contribute further advancements in the field.

marsbit11m ago

Tsinghua University's Special Award Winner, Gu Yuxian, Joins DeepSeek

marsbit11m ago

Is altcoin season here? Why Bitcoin’s $21B OI says not yet

While Glassnode's Altcoin Cycle Signal suggests altcoins are outperforming Bitcoin overall, indicating the start of an altcoin season, analysis of Open Interest (OI) presents a counterpoint. Bitcoin's OI stands at $21.11 billion, significantly higher than the $16.36 billion for altcoins. This signals that trader focus and capital inflows remain concentrated on Bitcoin, implying the broader altcoin market may still have room for expansion. Historically, altcoin rallies have often peaked when their OI surpasses Bitcoin's. Analysts note Bitcoin is holding support around $58,000, with selling pressure potentially fading. Some view the current Bitcoin price as an attractive long-term entry point, contingent on factors like Federal Reserve policy. However, as long as Bitcoin continues to dominate capital flows and the altcoin index remains below a key threshold, the market is seen as being in a Bitcoin-led phase rather than a full-blown altcoin season. The consensus is that a broad rotation into altcoins has not yet fully materialized.

ambcrypto18m ago

Is altcoin season here? Why Bitcoin’s $21B OI says not yet

ambcrypto18m ago

After Close Observation of Wash, Morgan Stanley's Chief Economist Insists: The Fed Will Not Raise Rates This Year

After close observation of Federal Reserve Chair Wash, Seth Carpenter, Morgan Stanley's Chief Global Economist, asserts that the Fed will not raise interest rates this year. Following Wash's speech at the ECB's Sintra forum, Carpenter notes a marginal dovish shift: Wash now more clearly balances the Fed's dual mandate of price stability and maximum employment, rather than focusing nearly exclusively on inflation. Importantly, Wash highlighted that the latest policy meeting (coinciding with falling oil prices) has already lowered market inflation expectations and term premiums, signaling no urgency for a July rate hike. Carpenter's view is supported by data. Recent non-farm payroll figures provide room for the Fed to remain patient. Morgan Stanley's inflation forecasts are below the median FOMC projection, and methodological revisions to PCE inflation could further lower readings. These factors make Carpenter "comfortable" with the call for no hikes in 2024. Carpenter also pushes back against the simplistic narrative that AI will be deflationary and lead to rate cuts. He argues AI investment is currently boosting inflation marginally. More broadly, the business cycle will dictate policy; AI's productivity gains could boost demand and, crucially, raise the equilibrium interest rate (r*), weakening the case for cuts. In contrast, the ECB's path remains more hawkish. Carpenter interprets President Lagarde's Sintra comments as leaving the door open for another 25 basis point hike in September, though softer recent data and falling oil prices provide some flexibility. A July hike or more than one additional hike this year is seen as unlikely.

marsbit40m ago

After Close Observation of Wash, Morgan Stanley's Chief Economist Insists: The Fed Will Not Raise Rates This Year

marsbit40m ago

StarDynamics Secures 2.5 Billion in Two Months, State-Owned Capital Consortium Joins In

Star Era Raises 25 Billion Yuan in Two Months with State Capital Leading the Charge. Chinese humanoid robotics leader Star Era has secured a new 10-billion-yuan funding round led by state-owned capital, including funds like Chengtong Fund under the SASAC, marking 25 billion yuan raised within two months. The company, a spin-off from Tsinghua University, has built a comprehensive capital matrix combining state guidance, top-tier financial backers, and industrial partners. Founded in 2023 by Dr. Chen Jianyu, one of Tsinghua's youngest doctoral supervisors, Star Era stands out for its early and pioneering work on "world models" for embodied AI, notably releasing its PAD world action model ahead of major global players. The company follows an AI-native, full-stack R&D strategy from data and AI brain to control, dexterous hands (XHAND series), and robot bodies (bipedal L7, wheeled Q5). A core innovation is its fully direct-drive dexterous hands, which act as high-fidelity data collectors for training its AI models like the ERA-42 and VLAW, creating a virtuous cycle of data and intelligence. Star Era claims to possess one of the world's largest real-world dexterous hand datasets. Commercially, Star Era has achieved product-market fit, most notably in logistics, with robots operating 24/7 in distribution centers for partners like SF Express and China Post, handling over 1,200 parcels per hour. It is also expanding into high-end manufacturing (Samsung, Geely) and commercial services. Its hardware components are used by nine of the global top ten tech firms and leading research institutions. The article positions 2026 as an inflection point where success shifts from model capabilities to proven, scalable commercial deployment. Star Era's rapid funding and industrial traction highlight its position in this competitive race.

marsbit44m ago

StarDynamics Secures 2.5 Billion in Two Months, State-Owned Capital Consortium Joins In

marsbit44m ago

U.S. Stock Market Trend (July 6th): Gold and Crypto Lead Rebound Ahead of Stocks, Fed Minutes Set Weekly Direction

**U.S. Market Trends (July 6): Gold & Crypto Lead, Fed Minutes to Set Tone** Markets rebounded ahead of the U.S. Independence Day holiday, with Nasdaq 100 futures rising over 1% as AI sector concerns eased. Gold posted its best week in over a month, breaking a four-week losing streak despite ongoing Russia-Ukraine tensions, as Middle East risk premiums faded. Brent crude extended its decline for a fourth week. The week ahead is packed with key events. On Tuesday, SpaceX makes a record-fast entry into the Nasdaq 100 index, forcing passive fund flows, while U.S. tariff hearings and the Sun Valley Conference—notably missing NVIDIA's Jensen Huang and Tesla's Elon Musk—add complexity. OpenAI's scheduled GPT-5.6 release intensifies the AI model rollout race. The main focus is Thursday's release of the first Fed meeting minutes under Chair Wash. With half the FOMC already leaning toward a rate hike this year per the June dot plot, the minutes' tone will be critical for market direction. Hawkish confirmation could reverse recent risk-on sentiment, likely signaled first by a pullback in high-volatility assets like Bitcoin and Ethereum, which significantly outperformed last week. Other events include SK Hynix's large U.S. ADR listing and the start of the Q2 earnings season with reports from PepsiCo and Delta Air Lines. The market's path hinges on whether the liquidity and optimism built during the holiday can withstand the combined tests of Fed policy, trade tensions, and major corporate events.

marsbit45m ago

U.S. Stock Market Trend (July 6th): Gold and Crypto Lead Rebound Ahead of Stocks, Fed Minutes Set Weekly Direction

marsbit45m ago

Trading

Spot

Hot Articles

How to Buy ALT

Welcome to HTX.com! We've made purchasing AltLayer (ALT) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy AltLayer (ALT) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your AltLayer (ALT)After purchasing your AltLayer (ALT), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade AltLayer (ALT)Easily trade AltLayer (ALT) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

4.7k Total ViewsPublished 2024.03.29Updated 2026.06.02

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ALT (ALT) are presented below.