DroppRWA Secures $12.5 Billion Saudi Real Estate Mandates

DroppRWA has secured $12.5 billion in mandates to tokenize Saudi real estate, marking a step in the kingdom’s blockchain infrastructure plans

ContentsSaudi Real Estate Moves Toward Blockchain SettlementVision 2030 Backs Tokenized Financial InfrastructureStablecoins Set To Support Real Estate FlowsThe initiative is led by chairman Faisal Monai, a payments architect known for building Saudi Arabia’s SADAD digital payments system

The project is expected to support stablecoin-based settlement by late 2026 and broaden tokenization across real estate, energy, and manufacturing.

Saudi Real Estate Moves Toward Blockchain Settlement

DroppRWA said the mandates will bring property assets onto blockchain rails as Saudi Arabia expands digital finance under Vision 2030. The company plans to extend the model beyond real estate, with energy and manufacturing listed as future areas of focus.

Monai’s role gives the project added weight in the Saudi payments sector. He designed SADAD, which launched in 2004 under the Saudi Central Bank and helped reduce reliance on in-person cash payments. By 2025, SADAD had processed more than 14.5 billion transactions worth about $250 billion.

DroppRWA says it completed the world’s first tokenized property deed transaction on Feb. 4. The company said that the transaction cut settlement time from several days to seconds, which supports its case for wider real estate tokenization across the kingdom.

Vision 2030 Backs Tokenized Financial Infrastructure

The mandate aligns with Saudi Arabia’s Vision 2030 strategy, which aims to diversify the economy and build sovereign-grade digital infrastructure

The Public Investment Fund, which manages $1 trillion in assets, approved its 2026 to 2030 strategy in April, with tokenization placed among its digital finance priorities.

Saudi Arabia’s digital economy reached SAR 495 billion, or about $132 billion, in 2025. That figure represented 15% of the national GDP and showed the growing role of digital services in the country’s economic planning.

The kingdom recorded more than 4,000 blockchain company registrations in 2025, up 51% from the previous year. It hosts about 3 million active crypto investors, while crypto transactions linked to the country exceeded $48 billion between July 2023 and June 2024.

Stablecoins Set To Support Real Estate Flows

Stablecoin-based settlement for real estate is expected to go live by late 2026 through cooperation between the Saudi Central Bank and the Capital Market Authority

The model could help developers receive capital within minutes instead of waiting days through conventional settlement channels.

Monai said Gulf states are not seeking to replace the U.S. dollar. He described a multi-rail system where independent settlement networks operate beside dollar-based infrastructure

The market supports the push, as stablecoins topped $300 billion in market value and recorded more than $30 trillion in 2025 transaction volume.

Tokenized U.S. Treasuries reached $15.5 billion in May, while the global tokenized RWA market stood near $25 billion.

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