The Trump Group will start accepting cryptocurrency funds for property gross sales at its $1 billion luxurious tower in Dubai, deepening its enlargement into digital belongings and the Gulf area’s high-end actual property market.
In an interview with The Nationwide, Eric Trump, son of President Donald Trump, touted Dubai as a number one international funding vacation spot.
“It’s grow to be a protected haven for therefore many individuals,” he mentioned, highlighting the town’s attraction to traders from Europe, Asia, and Africa. “Dubai has actually grow to be the epicentre.”
Trump Expands Dubai Footprint with New Luxurious Tower
The Trump Worldwide Lodge and Tower in Dubai, unveiled earlier this yr, is the most recent within the household’s partnership with UAE-based Damac Properties.
The venture will function a branded resort, luxurious residences, a non-public clubhouse, and what’s being billed because the world’s tallest swimming pool. Completion is anticipated inside 5 years.
Residences within the tower will begin at round $1 million, with three- and four-bedroom items accessible.
Two penthouses are anticipated to promote for $20.4 million every. Whereas pricing displays the ultra-luxury nature of the event, the crypto-friendly cost possibility positions the venture to draw digital asset holders.
The @trump crew, in collaboration with @dar_global proudly introduce — Trump Worldwide Lodge & Tower, Dubai.
Rising 80 tales above Sheikh Zayed Street, this landmark blends world-class hospitality, ultra-luxury residences, and The Trump, an unique members-only membership.… pic.twitter.com/9xUMirvZ72— The Trump Group (@Trump) April 29, 2025
Dubai has more and more branded itself as a crypto hub, courting crypto corporations and traders alike.
Nevertheless, its property market has additionally drawn scrutiny.
Investigations, together with a significant 2023 leak of property information, have raised considerations concerning the metropolis’s position in facilitating cash laundering and internet hosting illicit capital from sanctioned people and felony networks.
The Organized Crime and Corruption Reporting Mission (OCCRP) has linked Dubai actual property to cash laundering, drug trafficking, and arranged crime operations.
The Dubai tower is the most recent chapter within the Trump household’s rising involvement in crypto.
What started with a line of Trump-branded NFTs has developed right into a sprawling portfolio that now contains meme cash, stablecoins, DeFi ventures, and partnerships with crypto corporations.
The Trump Media & Expertise Group has additionally floated the concept of integrating digital wallets into its Fact Social platform.
Eric Trump has lately stepped up his crypto presence, accepting an advisory position at Japanese agency Metaplanet and showing at business occasions like Token2049 in Dubai, the place he’s scheduled to talk alongside entrepreneur Justin Solar later this week.
Trump’s Fact+ Considers Including Crypto Pockets and Token
As reported, Trump Media & Expertise Group (TMTG), the media firm behind Fact Social, is weighing the launch of a utility token and a digital pockets as a part of an enlargement of its streaming platform, Fact+.
The potential transfer was revealed in a letter despatched to shareholders by CEO and chairman Devin Nunes on Tuesday, forward of the corporate’s annual shareholder assembly.
In line with Nunes, the proposed utility token can be a part of a rewards program and will initially be used to pay for subscriptions to Fact+.
He added that over time, the token could also be used throughout further providers throughout the broader Fact ecosystem.
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