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The Coin Rise 2025-04-29 22:30:44

Trump Organization To Accept Crypto Payments In Dubai

The Trump Organization has announced a new luxury project in Dubai that may accept crypto payments in the region. Eric Trump, the company’s executive vice president, announced that the Trump Organization is teaming up with Dar Global, a London-listed company. The firms are working to build a $1 billion luxury project called the Trump International Hotel and Tower. Eric said this project is unique because people can buy property using cryptocurrency . This is a big move in bringing together real estate and digital finance. Trump’s Real Estate To Accept Crypto Payments One of the most unique features of this new Trump project is that it will accept cryptocurrency as payment. Buyers can purchase apartments or penthouses using digital currencies like Bitcoin (BTC). This will be Dubai’s first prominent real estate project to accept digital currency. In 2020, Huobi, a major trading platform, partnered with fäm Properties, a Dubai real estate agency, to allow property investors to pay with cryptocurrencies. The Trump Organisation believes that real estate and cryptocurrency are substantial long-term investments. By accepting digital currencies, the company aims to appeal to a new generation of buyers who want modern and flexible payment options. The Trump Organization Expands Its Presence in the Middle East The Trump International Hotel and Tower will include a branded hotel, residential apartments, and a private clubhouse. The project is expected to be completed in five years. It aims to attract local and international buyers looking for luxury homes in a growing market. The real estate project will be funded through private investment, bank loans, and money collected from property buyers. Dar Global confirmed that it has a strong cash position and plans to work with local banks to help finance the construction. The Trump Organisation has already completed several projects in the region and is working with Dar Global on other projects in the Middle East. These include a resort in Muscat, Oman, and a residential development in Jeddah, Saudi Arabia. The company said this new tower in Dubai will not be its last project in the region. It is looking forward to launching more developments in partnership with Dar Global. The Trump Organization is not the only group pushing crypto assets into real-world use. World Liberty Financial (WLFI), a decentralized finance project backed by President Donald Trump, is also making moves in the industry. Recently, WLFI partnered with Paskistan Crypto Council (PCC) to support blockchain growth in South Asia. Dubai’s Property Market Continues to Grow Dubai remains one of the strongest real estate markets in the world. High demand from investors and wealthy individuals has helped the market grow. Many people are moving their funds to Dubai because of its safety, modern infrastructure, and welcoming policies. Government programs like the 10-year golden visa and permits for retirees and remote workers have helped bring in more international buyers. As a result, luxury home sales continue to rise. In the first three months of 2025, Dubai recorded 111 home sales above $10 million, totaling $1.9 billion. The post Trump Organization To Accept Crypto Payments In Dubai appeared first on TheCoinrise.com .

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