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Qatar Financial Centre Plans Strategic Tokenization of Real Estate Starting with Skyscrapers Worth Over $500M
By choosing to tokenize real estate assets, Qatar aims to go beyond just adopting cryptocurrencies. The country, rich in real estate properties, will open new economic opportunities and boost liquidity in a traditionally illiquid market
Qatar’s Plan to Tokenize Real Estate Properties
As per a post by “cryptothedoggy” on May 25, Yousuf Al-Jaida confirmed that the Qatar Financial Centre is making plans to tokenize real estate properties in the country. As per the video of the Qatar Economic Forum 2025 QFC targets to tokenize real estate assets worth $500 million and above
The QFC hopes that by establishing a sound ecosystem for tokenizing real-world assets, it will attract investors both locally and from around the world. This will help foster economic growth and raise the competitiveness of Qatar‘s financial services sector
“If you look at a lot of the towers in West Bay or Lusail or any other area in Qatar, a lot of the towers are owned by one or two or maximum three landlords, and these are significant…So tokenizing a tower or two, I think, would do great good for the economy,” Al-Jaida shared
Al-Jaida further emphasized that Qatar Financial Centre’s main objective is to create a sustainable ecosystem for tokenized assets. Majorly, this will bolster real estate and Islamic Finance
QFC’s drive toward tokenization is supported by the previously approved QFC Digital Assets Framework 2024. The framework details property rights, asset transfers and custody arrangements for tokenized assets. Rather than focusing on cryptocurrencies like Bitcoin, the QFC plan will focus on turning expensive real estate assets into digital tokens. This makes them open for more access by investors
Crypto Community Praises Qatar’s Real Estate Tokenization Plans
Qatar aims to take the tokenization of real estate to a whole new level, making it a major boost for the country’s economy. The move has actually gained a lot of attention in the crypto community with experts and real-world tokenization (RWA) infrastructure providers echoing the move
Notably, RK Gupta (a crypto influencer) believes the move could be a game-changer for Qatar. He wrote; “Qatar tokenizing $500M+ real estate towers? Big step for blockchain in property and finance. This could be a game changer.” His remarks highlight the broader industry excitement about integrating blockchain into real-world assets.
Additionally, Rob Frasca, a prominent blockchain advocate, echoed the move by QFC. “Imagine the possibilities when skyscrapers become digital assets! It’s not just about buildings; it’s about reshaping how we think of ownership. The future is here, and it’s looking sky-high,” Rob noted
As at the moment, the real-world asset (RWA) tokens have a total market cap of $56.47 billion according to data by CoinMarketCap. The sector seems to be gaining attraction lately with the sector reaching an all-time high in total market cap in January 2025