Blockchain Opens Trump Towers to Everyday Investors via Tokenization

Zach Witkoff, co-founder of World Liberty Financial (WLF) and son of U.S. special envoy Steve Witkoff, has outlined plans to tokenize the Trump family's global real estate portfolio using blockchain technology. Speaking at the Token2049 conference in Singapore alongside Donald Trump Jr., Witkoff emphasized the potential to democratize access to high-end properties like Trump Tower Dubai, which could be fractionalized into tokenized shares for everyday investors. The initiative, still in early stages, aims to leverage blockchain infrastructure to open traditionally exclusive real estate markets to broader participationWitkoff’s Son Plans to Tokenize Trump Family Real Estate Including Trump Tower Dubai^[1].

World Liberty Financial, launched in collaboration with the Trump family in 2024, already operates a stablecoin (USD1) and explores lending and borrowing features. Witkoff also leads ALT5 Sigma, a publicly traded treasury firm holding WLFI tokens. While neither WLF nor ALT5 has confirmed direct involvement in the tokenization, the ambition aligns with broader trends in real-world asset (RWA) tokenization. Major institutions, including BlackRock, have begun tokenizing money-market funds, while tokenized ETFs gained traction in 2025Tokenisation of Trump Properties To Begin Per Witkoff's Vision^[2].

The Trump family's real estate tokenization strategy could unlock a $400 trillion traditional finance (TradFi) market, according to research by Web3 firm Animoca Brands. The firm highlighted private credit, commodities, and alternative funds as key growth areas for RWA tokenization. Additionally, the 2025 Skynet RWA Security Report projected the tokenized asset market could reach $16 trillion by 2030, with U.S. Treasuries alone expected to see $4.2 billion in tokenized volume this yearTokenized Real-World Assets May Unlock $400T TradFi Market^[3].

Institutional interest in tokenized assets is accelerating, driven by banks, asset managers, and blockchain-native firms seeking enhanced yield and liquidity management. Dubai's real estate market has emerged as a testbed for tokenization, with the Dubai Land Department (DLD) reporting $399 million in tokenized property transactions in May 2025. The DLD aims for 7% of Dubai's $18.2 billion real estate market to be tokenized by 2033, facilitated by a regulatory framework enabling fractional ownership and global investor accessDubai’s tokenised property revolution reshapes global real estate investing^[4].

The Trump family's crypto ventures have expanded rapidly in 2024, including Bitcoin mining, memecoins, and digital asset funds. Their WLFI token, launched in September 2025 with a $7 billion market cap, added $670 million to the family's net worth. Eric Trump's 7.5% stake in American Bitcoin (ABTC) further boosted their crypto wealth, with institutional support from ALT5 Sigma's $1.5 billion funding initiativeTrump Family Amasses $1.3B in Crypto, Turns to Tokenized Real Estate^[5]. Critics, however, have raised concerns about conflicts of interest, particularly with the family's $TRUMP memecoin and WLFI's regulatory status.