According to the report, droppRWA’s $12.5 billion in real estate mandates is part of Saudi Arabia’s wider Vision 2030 push to expand tokenization across property, energy, and manufacturing.
DroppRWA said it has secured $12.5 billion in mandates to bring real estate assets onto the blockchain and plans to expand into energy and manufacturing. The report says chairman Faisal Monai, who designed Saudi Arabia’s SADAD digital payments system, is leading the effort as part of the kingdom’s broader Vision 2030 strategy to tokenize parts of its economy. DroppRWA said it completed what it described as the world’s first tokenized property deed transaction on Feb. 4, reducing settlement time from days to seconds, and plans a wider rollout across Saudi Arabia’s real estate sector. The report also says Saudi Arabia’s Public Investment Fund approved its 2026-2030 Vision 2030 strategy in April with tokenization as a central component, while Open World launched a licensed RWA Tokenization Center of Excellence in Al Khobar in January 2026 targeting energy, real estate, and carbon credits. Stablecoin-based real estate settlement is expected to go live by late 2026 through a central bank and Capital Market Authority partnership.