Alt DRX Partners with Ripple to Revolutionize Tokenised Real Estate

Alt DRX, India's first asset tokenization platform, has joined hands with US blockchain leader Ripple to democratize real estate investment in India and the MENA region. Supported by Ripple's $175,000 R&D assistance, the partnership will leverage XRP Ledger to tokenize real-world assets like real estate, fine art, and EV trucks, creating a new marketplace for investors. Operating under the innovation sandbox of IFSCA at GIFT City and the Digital Asset Lab of Qatar Financial Centre, Alt DRX combines innovation with compliance to expand access to high-value assets. This collaboration aims to transform traditional finance, making investments more inclusive and accessible.

HDFC Names Alt DRX as India's Top Ten Tech Innovators

AltDRX has been honoured as one of the top innovators at the HDFC Tech Innovators 2024 Awards, a prestigious platform celebrating innovation in India's tech ecosystem. Chosen from over 2,000 applicants, this recognition highlights Alt DRX's groundbreaking work in transforming residential real estate into a transparent and scalable asset class. This accolade underscores the trust and confidence placed in Alt DRX's vision by HDFC, a leader in housing finance. It validates Alt DRX's innovative approach to addressing key challenges in real estate and further solidifies its position as a PropTech pioneer.

Alt DRX Admitted into the regulatory ambit of IFSCA at Gift City

This initiative aims to encourage foreign capital to invest in India's growth. With this approval, Alt DRX has been granted limited use authorization as a fintech entity, enabling the tokenization of global and Indian real estate assets denominated in US dollars. Anticipating to roll out its US dollar offering by the end of this financial year, Alt DRX is poised to revolutionize real estate investment opportunities with its innovative approach.

Acknowledged as a pioneer in blockchain fintech at India Blockchain Week

India Blockchain Week regarded as the premier event for blockchain-based companies, provides a platform to showcase their innovative solutions. Alt DRX was recognized for its use of blockchain technology to democratize real estate investments at IBW. Alt DRX transcends traditional barriers, offering transparency and security while transforming real estate investment accessibility.

DISRUPTECH 2.0

Recognition as Top 10 PropTech Company in India

CBRE, the leading global property consultant, and NASSCOM, a prominent trade association launched 'DISRUPTECH 2.0.' to spotlight startups developing innovative tech solutions for the real estate sector. Alt DRX secured a spot among the top 10 PropTech companies in India. With dedication to excellence and pioneering advancements, Alt DRX is reshaping the future of PropTech in India & worldwide.