Saudi Real Estate Tokenization: droppRWA Secures $12.5 Billion Mandate

Faisal Monai announced that droppRWA has obtained $12.5 billion in mandates to tokenize Saudi real-world assets using blockchain technology, beginning with real estate. According to NS3.AI, Monai highlighted that droppRWA successfully completed a tokenized property deed transfer on February 4, significantly reducing settlement time from days to seconds. Monai further stated that stablecoin-based real estate settlement is anticipated to be operational by late 2026, in collaboration with the Capital Market Authority and the Saudi Central Bank.