Saudi Arabia is embarking on a significant $12.5 billion initiative to tokenize real-world assets, spearheaded by Faisal Monai through the platform droppRWA. According to NS3.AI, this ambitious project aims to begin with the real estate sector, leveraging stablecoin-based settlements. Monai anticipates that these real estate transactions could be operational by late 2026, marking a transformative step in the country's approach to asset management and blockchain technology.