The Trump Organization and London-listed luxury real estate developer Dar Global are debuting a tokenized luxury hotel development project in the Maldives, one of the world’s most exclusive holiday destinations.
The Trump Organization and Dar Global are tokenizing the development of a luxury hospitality project, introducing an "unprecedented financial innovation," according to a joint announcement on Monday.
Unlike most tokenized real-estate projects, which fractionalize ownership of completed or near-completed properties, this initiative will allow investors to gain exposure at the earliest stages of development.
The new resort, Trump International Hotel Maldives, is set to open by the end of 2028. Located 25 minutes by speedboat from Malé, the resort will feature about 80 luxury beach and overwater villas for travelers seeking the "highest levels of privacy, exclusivity and sophistication."
The development plans aim to capitalize on the advantages of the emerging real-world asset tokenization sector, which mints tangible assets on the blockchain ledger, offering more investor access through fractionalized shares and 24/7 trading opportunities.
Trump Organization to Set a "New Benchmark" for Tokenized Real Estate Investments
The new resort development initiative will set a "new benchmark for tokenized real estate investments," according to Eric Trump, executive vice president of The Trump Organization.
"This development will not only redefine luxury in the region but also set a new benchmark for innovation in real estate investment through tokenization," he said.
The Trump Organization did not immediately respond to a request for comment on what specific investment opportunities will be made available through the tokenized model.
"Tokenizing the development of Trump International Hotel Maldives marks a global first that blends luxury, innovation, and technology in a way that will transform how the world invests in hospitality," said Ziad El Chaar, CEO of Dar Global.
The development comes as Trump-linked cryptocurrency ventures have gained traction during US President Donald Trump’s second term. As of Oct. 16, the Trump family’s crypto-related businesses, including World Liberty Financial (WLFI) and the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens, had reported roughly $1 billion in pre-tax profit.