Around The Block #6

Potential Trump Tower Dubai Deal, and Other New Rails Are Accelerating Tokenized Real Estate

Trump Real Estate Tokenization Anchored by Mantle’s RWA Infrastructure

On October 2, 2025, Zach Witkoff announced plans to tokenize parts of the Trump family’s portfolio, starting with Trump Tower Dubai. At the same time, Mantle launched its “Tokenization-as-a-Service” platform and confirmed Trump's Crypto fund WLFI’s USD1 stablecoin on its chain. Together, they showcase how high-profile real estate brands are moving toward blockchain rails, backed by dedicated RWA infrastructure.

Source → PR Newswire | Source → Yahoo Finance

FG Nexus & Securitize to Tokenize Nasdaq Shares on Ethereum

On October 2, 2025, FG Nexus announced an agreement with Securitize to tokenize both its common and preferred Nasdaq-listed shares on Ethereum. Shareholders will be able to hold legally compliant, dividend-paying equity on-chain. For real estate tokenization, this shows how huge RWA institutions like Securitize is proving mechanisms like onchain registries and instant settlement in public equity markets—tools that can just as easily apply to real-estate-backed RWAs.

Source → The Block

OSL & Solana Foundation Partner on Compliant RWA Tokenization

On October 1, 2025, OSL Group and the Solana Foundation revealed a collaboration to accelerate compliant token issuance on Solana through OSL’s Tokenworks platform. With a focus on funds, bonds, and credit, the partnership demonstrates how regulated infrastructure for RWAs is maturing. Real estate issuers may soon benefit from faster, lower-cost rails for compliant property tokenization.

Source → PR Newswire

Tokinvest Wins VARA’s First Multi-Asset License, Raises $3.2M

On September 29, 2025, Tokinvest secured Dubai’s first multi-asset issuance license from the Virtual Assets Regulatory Authority (VARA). It also sold out its debut tokenized racehorse and raised $3.2M in pre-seed funding. While not yet real estate, Tokinvest’s regulatory approval sets the stage for fully compliant property-backed issuances under Dubai’s emerging digital asset framework.

Source → BusinessWire

Mandarin Oriental Tests Bitcoin Payments for Luxury Villas

On September 30, 2025, Mandarin Oriental’s Grand Cayman development began piloting Bitcoin and crypto payments for multimillion-dollar residences. Payments are converted to fiat or stablecoins through licensed intermediaries. For tokenized real estate, this reflects the growing demand for digital-asset rails in luxury property markets—an early sign of how crypto capital could flow directly into real estate.

Source → PYMNTS

Across public equities, regulated licenses, luxury developments, and even iconic Trump real estate, mainstream names are testing blockchain rails for RWAs. Equity tokenization with dividend rights, compliant issuance platforms, and crypto payment pilots all demonstrate how core financial mechanics are being proven beyond theory. For property markets, these examples reinforce that the leap to tokenized real estate is no longer experimental—it’s becoming embedded in both regulation and brand-name adoption.