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Trump Group plans to collaborate with Saudi partners to create a tokenized resort in the Maldives.
Odaily Planet Daily News: The Trump Group is working with Saudi partner DarGlobal Plc to advance the development of a luxury resort in the Maldives and plans to tokenize the project. In a joint statement, both parties indicated that the proposed Trump International Hotel Maldives project will include 80 ultra-luxurious beachfront and overwater villas, developed jointly by the Trump Group and DarGlobal. The resort is expected to open by the end of 2028, approximately a 25-minute speedboat ride from Male. The project team stated that tokenization will allow investors to participate in the investment in digital shares during the development stage.