The Trump Organization plans to develop a "tokenized resort" project in the Maldives in partnership with Saudi partners

According to Bloomberg, the Trump Organization plans to collaborate with Saudi Arabian partners to develop a luxury resort in the Maldives and intends to tokenize the hotel development project.

According to a joint statement released by the two companies on Monday, Trump International Hotel Maldives will feature 80 ultra-luxurious beach villas and overwater villas, and the project will be developed in partnership with Dar Global Plc.