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The Trump Organization and Dar Global unveiled plans for a tokenized luxury resort in the Maldives, with investment units to be offered via blockchain. The project, slated to feature about 80 beach and overwater villas near Malé, targets an opening by late 2028 and positions tokenization at the center of its funding model.
Dar Global and the Trump Organization announce development, calling it the “world’s first tokenised hotel development” tied to a project still under construction. The partners say investors will be able to participate from the inception phase, unlike past models focused on completed assets.
“Tokenising the development of Trump International Hotel Maldives marks a global first that blends luxury, innovation, and technology,” said Ziad El Chaar, CEO of Dar Global. Eric Trump, executive vice president of the Trump Organization, said the project aims to “set a new benchmark for innovation in real estate investment through tokenization.”
Beyond the launch, Dar Global hopes to fund up to 70% of the development by selling tokens to U.S. retail investors and has begun talks with the SEC. Reuters report plan, noting the approach departs from typical reliance on institutions or family offices.
Coverage in the crypto press also detail tokenization, including the November 17 announcement timing and the villa count, and frames the move within the broader rise of real-estate tokenization for hospitality assets. If executed, the model could widen access to prime resort exposure while keeping records on-chain for transparency.
