Overview
- The project pairs Trump International Hotel Maldives with about 80 beach and overwater villas roughly 25 minutes by speedboat from Malé, targeting opening by the end of 2028.
- Dar Global and the Trump Organization say investors will be able to buy tokenized shares during development, which they describe as a global first for hospitality.
- The companies have not provided details on the blockchain platform, legal structure, token economics, or the timing of the offering.
- The National reported the development value at around $300 million, and Dar Global’s London-listed shares rose nearly 3% following the announcement.
- Industry reports cited in coverage note unresolved risks for real-estate tokenization, including regulatory treatment, liquidity constraints, and cybersecurity concerns.