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Economy Events Country 2025-11-19T04:11:52+00:00

Saudi firm plans to finance Trump Hotel in Maldives via cryptocurrency

Saudi real estate developer Dar Global plans to finance its new Trump Hotel in the Maldives by selling blockchain-based crypto tokens to individual U.S. investors, CEO Ziad Al Shaar announced.

Saudi firm plans to finance Trump Hotel in Maldives via cryptocurrency

Ziad Al Shaar, CEO of Saudi real estate developer Dar Global, told Reuters on Tuesday that the company hopes to finance the majority of its latest Trump Hotel in the Maldives by selling blockchain-based crypto tokens to individual American investors.

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