Trump-Saudi Tokenization Alliance and Its Influence on Middle East Industries
The Trump Organization and Saudi Arabia partnered to launch the world's first tokenized hotel development in the Maldives.Summary
Saudi Arabia is rapidly advancing in blockchain technology, evidenced by a 51% year-over-year growth in commercial blockchain company registrations in 2025. A key development is the partnership between The Trump Organization and Saudi Arabia's Dar Global to create the world's first tokenized hotel development in the Maldives, tokenizing the development phase to allow early fractional investment. This initiative aligns with Saudi Vision 2030, which heavily emphasizes FinTech and blockchain integration. Furthermore, WhiteBIT is collaborating with a royal-backed holding company to build the Kingdom's digital currency and blockchain infrastructure, including tokenizing the Saudi stock market. While Saudi Arabia accelerates its digital economy, it faces regional competition from the UAE, and its long-term success will depend on developing a domestic blockchain workforce.
(Source：BeInCrypto)