Trump Organization Expands Into Maldives With Crypto-Backed Luxury Resort by 2028
The Trump Organization, led by Donald Trump, is expanding into the Maldives with a new luxury resort, set to open in 2028. The project, developed in partnership with Saudi Arabia’s Dar Global, will feature 80 ultra-luxury villas, including private beach estates and overwater bungalows. Alongside this, the company is venturing into crypto by offering fractional ownership through token sales.
The upcoming resort in Malé will operate under the Trump name, licensed by the Trump Organization. Dar Global, the Saudi-based developer, will oversee construction, with completion expected by 2028. Investors will have the chance to buy stakes in the property through tokenized real-world assets, a move that could cover up to 70% of the project’s capital.
The Trump family, led by Donald Trump, has already earned over $1 billion from crypto-related ventures since 2017. This latest project aligns with Saudi Arabia’s broader plan to invest nearly $1 trillion in the U.S., focusing on technology and artificial intelligence.
Meanwhile, concerns about potential conflicts of interest have surfaced. Senator Elisabeth Warren and others have questioned Donald Trump’s business ties to Saudi Arabia, especially during Crown Prince Mohammed bin Salman’s visit. Donald Trump, however, dismissed these concerns without further comment.
The Maldives resort marks another high-profile venture for the Trump Organization, blending luxury real estate with crypto investment. With Saudi funding and tokenized ownership, the project reflects a growing trend in asset-backed digital investments. The resort’s 2028 opening will test both its market appeal and the ongoing scrutiny of Donald Trump’s business dealings.
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.
