Trump Group is collaborating with Saudi Arabian partners to develop a luxury resort in the Maldives and plans to tokenize the hotel development project. The two companies stated in a joint announcement on Monday that the Trump International Hotel Maldives project will include 80 ultra-luxury beach villas and overwater villas, jointly developed and constructed by the Trump Group and Dar Global Plc.

Dar Global is a London-listed subsidiary of a Saudi developer. The Maldives resort is planned to open by the end of 2028, just a 25-minute speedboat ride from the capital Malé. The tokenization of the project will allow investors to participate in the development phase, offering digital shares that investors can purchase in the form of tokens.