Saudi Arabia executes world’s first tokenised property deed

Saudi Arabia has marked a global first in capital markets digitisation with the successful execution of the world’s first sovereign-native tokenised property title deed transfer.

Carried out under the patronage of Majed Al-Hogail, Minister of Municipalities and Housing, the transaction represents the direct integration of the Kingdom’s Real Estate Registry (RER) with droppRWA’s blockchain transaction layer. The new infrastructure reduces property settlement times from days to seconds, converting traditionally illiquid real estate assets into programmable,…