The Trump Organization, in collaboration with the Saudi company Dar Global, plans to construct an innovative premium resort in the Maldives, uniquely featuring a tokenization mechanism for investors. This will allow for funding through digital assets, making the project the world’s first tokenized hotel development.
This is reported by Business • Media
Investments Through Digital Assets
- Investors will be offered the opportunity to purchase equity stakes at early stages of the project in the form of tokens.
- These digital assets will represent investments in the development phase of the resort, rather than in a completed property.
“The project will be the first tokenized hotel development, enabling investors to participate in financing through digital assets.”
Resort Scale and Development Plans
The Trump International Hotel Maldives will consist of 80 luxurious villas, located both on the beach and over the water. The complex will be situated just 25 minutes by boat from the capital, Male, in a promising area of premium real estate. The resort is scheduled to open at the end of 2028.
This project is part of the Trump Organization’s expansion in South Asia and the Middle East. The partnership with Dar Global encompasses already implemented joint initiatives in Dubai, Jeddah, Oman, and Qatar — ranging from residential complexes to golf clubs and resorts. Dar Global is a subsidiary of one of the leading Saudi developers, whose activities are represented on the London Stock Exchange.
The launch of the tokenized resort comes amid growing interest in cryptocurrency solutions in Donald Trump’s business. The former U.S. President has repeatedly expressed support for the development of digital assets, and the country recently approved legislation regulating the circulation of stablecoins, which promotes further implementation of tokenization across various sectors of the economy.
It is worth noting that previously, the lawyer of Binance co-founder Changpeng Zhao denied any connection between her client, the Binance platform, and Trump’s business.