RAdroppRWA x RAFAL Real Estate Pilot
Saudi Arabia's first sovereign-grade tokenized real estate asset. It utilizes fractional ownership of high-value RAFAL Real Estate properties, targeting both citizen financial inclusion and institutional foreign direct investment (FDI).
Token Supply by Chain
| Date | Attestor | Assets | Link |
|---|---|---|---|
| Invalid Date | Ministry of Municipal Rural Affairs and Housing | $12.5B | View |
Legal Enforceability
The digital token is directly linked to the official Real Estate Registry (RER) title deed, providing deterministic legal finality and true ownership under Saudi law.
Custody
Operates on a 'Registry-as-Truth' model, effectively using the sovereign government registry as the ultimate custodian of the asset's legal state.
Redemption
Property is inherently illiquid, though droppRWA intends to introduce stablecoin-based delivery-versus-payment settlement by late 2026 to improve secondary market liquidity.
Transparency
The protocol provides an immutable audit trail for participants, but exact pilot financial metrics and specific property AUMs are currently gated.
Technical
Operates on droppChain, a sovereign-grade Layer-1 with dual-chain architecture (Execution and Validation layers) and post-quantum secured checkpoint transport.
Primary Redemption
This token requires whitelisting. Only approved addresses can hold or transfer.
Does not include gas fees or potential slippage on redemption.