droppRWA and RAFAL Real Estate to launch Saudi Arabia’s first RWA tokenization deal, opening the property market to blockchain-based ownership and investment.
droppRWA, a droppGroup company and a global leader in sovereign-grade Web3 AI and blockchain infrastructure, has announced a landmark partnership with RAFAL Real Estate Co., one of Saudi Arabia’s top real estate developers. Together, they will execute the Kingdom’s first-ever Real World Asset (RWA) tokenization transaction, marking a transformative milestone in the region’s property and capital markets.
This initiative unlocks the multi-trillion-dollar Saudi real estate market for tokenized investment, setting a new precedent for blockchain-powered ownership and cross-border capital flow in the Gulf’s largest economy.
More than a technical breakthrough, this transaction represents a strategic inflection point. The pilot with RAFAL will serve as a national benchmark to assess the feasibility and scalability of tokenized real estate across the Kingdom. By enabling fractional ownership of premium real estate assets, the partnership aims to allow everyday Saudi citizens to invest with amounts starting from as little as a single-digit Riyal. This democratized model is fully aligned with Vision 2030’s core goals of financial inclusion, digital transformation, and citizen empowerment.
In parallel, the initiative is expected to attract institutional-grade foreign capital through regulated, blockchain-based investment channels. It opens the door for both local and international investors to access high-value property assets through secure, digital rails.
Under the terms of the agreement:
- droppRWA, supported by best-in-class professional services providers, will conduct a full feasibility study for property tokenization across RAFAL’s asset portfolio.
- A fully regulated proof-of-concept will be developed and executed, with RAFAL providing live real estate assets for controlled transaction testing.
Faisal Al Monai, Co-Founder of droppRWA, said:
“This transaction marks a paradigm shift. Around the world, we are witnessing the greatest digital transformation of the 21st century — the transformation of capital itself. The mission of this partnership positions Saudi Arabia at the forefront of programmable economies, with real-world impact for every citizen. Starting at just 1 Riyal, you can own a piece of Vision 2030.
And for institutional and global capital, this will be a fully regulated pilot that provides a secure on-ramp for institutional-grade Foreign Direct Investments into Saudi Arabia. It merges stablecoin liquidity with sovereign-grade infrastructure, bringing real-world assets onto the blockchain with trust, speed, and scale.”
Elias Abousamra, CEO of RAFAL Real Estate, added:
“At RAFAL, we have always believed that real estate should be both aspirational and accessible. This partnership with droppRWA is not just about technology — it’s about democratizing real estate investment and creating a global platform for foreign direct investment into the promising Saudi market. For the first time, a young Saudi can own a piece of a premium development with just a few Riyals. That’s a powerful idea. Together with our partners, we are proud to pioneer a new model of ownership that speaks to the inclusive and innovative spirit of Vision 2030.”
Built in alignment with Vision 2030, the initiative supports several of its key pillars:
- Digital Infrastructure: Deploying sovereign-grade blockchain systems powered by AI across real estate markets.
- Capital Market Sophistication: Creating compliant, blockchain-based financial instruments for investment.
- Citizen Empowerment: Giving Saudi citizens access to real estate ownership through digital, inclusive platforms.
- Foreign Investment Attraction: Offering trusted digital infrastructure for institutional RWA inflows into the Kingdom.
This transaction signals more than innovation — it represents the start of a new financial era, where programmable economies make access to wealth more inclusive, dynamic, and secure. With this step, Saudi Arabia positions itself not just as a participant in the future of finance but as one of its primary architects.
Source: propertynewsint
