Technology
BREAKTHROUGH PRIZE ANNOUNCES 2025 LAUREATES IN LIFE SCIENCES, FUNDAMENTAL PHYSICS, AND MATHEMATICS
Published
2 months agoon
By

“Oscars® of Science” Awards Six $3 Million Prizes
GLP-1 Diabetes and Obesity Discovery | Multiple Sclerosis Causes and Treatments | DNA Editing
Exploration of Nature at Shortest Distances
Proof of Geometric Langlands Conjecture
Special Prize Awarded to Giant of Theoretical Physics
Breakthrough Prize in Life Sciences Awarded to Daniel J. Drucker, Joel Habener, Jens Juul Holst, Lotte Bjerre Knudsen and Svetlana Mojsov; Alberto Ascherio and Stephen L. Hauser; and David R. Liu
Breakthrough Prize in Fundamental Physics Awarded to More than 13,000 Researchers from ATLAS, CMS, ALICE and LHCb Experiments at CERN
Breakthrough Prize in Mathematics Awarded to Dennis Gaitsgory
Special Breakthrough Prize in Fundamental Physics Awarded to Gerardus ‘t Hooft
Six New Horizons Prizes Awarded for Early-Career Achievements in Physics and Mathematics
Three Maryam Mirzakhani New Frontiers Prizes Awarded to Women Mathematicians
for Early-Career Work
Laureates Announced and Honored at Annual Breakthrough Prize Ceremony in Los Angeles
LOS ANGELES, April 5, 2025 /CNW/ — The Breakthrough Prize Foundation today announced the winners of the 2025 Breakthrough Prizes, honoring scientists driving remarkable discoveries in gene editing, human diseases, the fundamental particles of the Universe and its underlying mathematical principles.
The Breakthrough Prize – popularly known as the “Oscars® of Science” – was created to celebrate the wonders of our scientific age by founding sponsors Sergey Brin, Priscilla Chan and Mark Zuckerberg, Julia and Yuri Milner, and Anne Wojcicki.
Six Breakthrough Prizes of $3 million each were awarded in Life Sciences, Fundamental Physics, and Mathematics. In addition, the foundation announced eight early-career physicists and mathematicians are sharing six $100,000 New Horizons Prizes. Three women mathematicians recently completing PhDs are each receiving a $50,000 Maryam Mirzakhani New Frontiers Prize. This year’s prize money totals $18.75 million, bringing the amount conferred over the 14 years of the Breakthrough Prize to more than $326 million.
“This year’s Breakthrough Prize laureates have made amazing strides – including treatments for major diseases affecting millions of people worldwide – showing once again the transformative power of curiosity-driven basic science.”
– Priscilla Chan and Mark Zuckerberg
“The questions these laureates are asking are among the deepest questions there are – about the workings of life, the nature of the Universe and the abstract landscapes of mathematics. It’s inspiring to see scientists seeking and finding answers to these questions.”
– Yuri Milner
“The breakthroughs being recognized this year are extraordinary – including, in my own field, amazing gene-editing technologies that are already having a big impact. I’m excited to learn more about the scientists’ ideas across all the fields.”
– Anne Wojcicki
Life Sciences
Daniel J. Drucker, Joel Habener, Jens Juul Holst, Lotte Bjerre Knudsen and Svetlana Mojsov share the Breakthrough Prize in Life Sciences. These five scientists’ complementary contributions – from basic hormone discovery through physiological understanding to pharmaceutical development – have led to highly effective drugs for diabetes and obesity, ushering in a new era of GLP-1 medicines for cardiometabolic disorders. Between them their breakthroughs include: the discovery of the gene encoding the GLP-1 hormone; the synthesis, isolation and characterization of the hormone’s biologically active forms; the demonstration that it is produced in the gut and stimulates insulin production; elucidation of its broader physiological roles, including control of appetite and energy homeostasis; the development of a more stable version of the hormone that continues to act in the body for days rather than hours; and its translation into a new class of drugs that is transforming the treatment of metabolic diseases affecting hundreds of millions of people worldwide.
Stephen L. Hauser and Alberto Ascherio share the Breakthrough Prize in Life Sciences. The two researchers have transformed the understanding and treatment of multiple sclerosis (MS), a debilitating neurodegenerative disease in which the immune system attacks the insulating protein around nerve fibers. Among other contributions, Hauser overturned the scientific consensus on the mechanism of MS, identifying the immune system’s B cells as the primary driver of damage to nerve cells. He was also instrumental in the development and testing of B cell-depleting therapies, which have revolutionized modern treatment of the disease. Meanwhile, through painstaking long-term epidemiological analysis, Ascherio discovered the necessary condition for getting MS: infection with the Epstein-Barr virus (EBV). The majority of the population carries this pathogen, normally without severe effects, but Ascherio showed that contracting it raises the risk of developing MS by a factor of 32. This work opens the possibility of treating MS with antiviral drugs, and for the development of a vaccine for EBV that could effectively prevent MS altogether.
David R. Liu is awarded the Breakthrough Prize in Life Sciences for developing two powerful, widely used gene-editing technologies. These technologies are engineered molecular machines that correct mutations in our DNA that cause genetic diseases in patients. Importantly, they do not require cutting the DNA double-helix, and thus lead to fewer unwanted outcomes. In 2016 Liu’s lab developed base editing, which corrects the single-letter “misspellings” that constitute about 30 percent of mutations known to cause genetic diseases. Then in 2019 his lab invented prime editing, which replaces whole stretches of defective DNA with a corrected version, and in principle could be used to repair nearly all disease-causing mutations. These technologies have already been distributed more than 20,000 times to labs around the world, resulting in thousands of published advances in research, agriculture, and biomedicine. In animals, base editing and prime editing have successfully corrected mutations to rescue blood diseases such as sickle-cell disease and beta-thalassemia, neurological disorders such as ALS and spinal muscular atrophy (SMA), muscle diseases such as muscular dystrophy and cardiomyopathies, genetic forms of blindness, genetic forms of hearing loss, several metabolic disorders, and progeria, a premature aging disease. At least 15 base editing and prime editing clinical trials have begun in five countries, with beneficial and, in some cases, life-saving results already confirmed in patients for the treatment of T-cell leukemia, sickle-cell disease, beta-thalassemia, and high cholesterol.
Fundamental Physics
The Breakthrough Prize in Fundamental Physics is awarded to thousands of researchers from more than 70 countries representing four experimental collaborations at CERN’s Large Hadron Collider (LHC) – ATLAS, CMS, ALICE and LHCb.
The $3 million prize is allocated to ATLAS ($1 million); CMS ($1 million), ALICE ($500,000) and LHCb ($500,000), in recognition of 13,508 co-authors of publications based on LHC Run-2 data released between 2015 and July 15, 2024. [ATLAS – 5,345 researchers; CMS – 4,550; ALICE – 1,869; LHCb – 1,744].
In consultation with the leaders of the experiments, the Breakthrough Prize Foundation will donate 100 percent of the prize funds to the CERN & Society Foundation. The prize money will be used by the collaborations to offer grants for doctoral students from member institutes to spend research time at CERN, giving the students experience working at the forefront of science and new expertise to bring back to their home countries and regions.
The four experiments are recognized for testing the modern theory of particle physics – the Standard Model – and other theories describing physics that might lie beyond it to high precision. This includes precisely measuring properties of the Higgs boson and elucidating the mechanism by which the Higgs field gives mass to elementary particles; probing extremely rare particle interactions, and exotic states of matter that existed in the first moments of the Universe; discovering more than 72 new hadrons and measuring subtle differences between matter and antimatter particles; and setting strong bounds on possibilities for new physics beyond the Standard Model, including dark matter, supersymmetry and hidden extra dimensions. ATLAS and CMS are general-purpose experiments, which pursue the full program of exploration offered by the LHC’s high-energy and high-intensity proton and ion beams. They synchronously announced the discovery of the Higgs boson in 2012 and continue to investigate its properties. ALICE studies the quark-gluon plasma, a state of extremely hot and dense matter that existed in the first microseconds after the Big Bang. And LHCb explores minute differences between matter and antimatter, violation of fundamental symmetries, and the complex spectra of composite particles (“hadrons”) made of heavy and light quarks. By performing these extraordinarily precise and delicate tests, the LHC experiments have pushed the boundaries of fundamental physics to unprecedented limits.
Mathematics
Dennis Gaitsgory wins the Breakthrough Prize in Mathematics for his central role in the proof of the geometric Langlands conjecture. The Langlands program is a broad research program spanning several fields of mathematics. It grew out of a series of conjectures proposing precise connections between seemingly disparate mathematical concepts. Such connections are powerful tools; for example, the proof of Fermat’s Last Theorem reduces to a particular instance of the Langlands conjecture. These Langlands program equivalences can be thought of as generalizations of the Fourier transform, a tool that relates waves to frequency spectrums and has widespread uses from seismology to sound engineering. In the case of the geometric Langlands conjecture, the proposed one-to-one correspondence is between two very different sets of objects, analogous to these spectrums and waves: on the spectrum side are abstract algebraic objects called representations of the fundamental group, which capture information about the kinds of loop that can wrap around certain complex surfaces; on the “wave” side are sheaves, which, loosely speaking, are rules assigning vector spaces to points on a surface. Gaitsgory has dedicated much of the last 30 years to the geometric Langlands conjecture. In 2013 he wrote an outline of the steps required for a proof, and after more than a decade of intensive research in 2024 he and his colleagues published the full proof, comprising over 800 pages spread over 5 papers. This is a monumental advance, expected to have deep implications in other areas of mathematics too, including number theory, algebraic geometry and mathematical physics.
Special Breakthrough Prize in Fundamental Physics
Gerard ‘t Hooft, winner of the Special Breakthrough Prize in Fundamental Physics, is one of the world’s most pre-eminent theoretical physicists. In the early 1970s he made crucial contributions to the foundations of what would later become known as the Standard Model of the subatomic particles. He proved that Yang-Mills theories (the mathematical framework underlying theories of both the weak and strong nuclear forces) make sense when treated quantum mechanically – that they can give finite, calculable results rather than meaningless infinities – thus validating theories which became central to the Standard Model. He made several crucial contributions to understanding the theory of the strong force, including resolving a major problem involving the masses of particles through special field configurations called instantons; he developed new mathematical tools for studying strongly interacting quarks; and he introduced the fruitful approach of studying the strong force by imagining it is mediated by many more varieties of quarks and gluons than it actually is. These and other contributions helped establish the Standard Model as a workable theory and provided powerful tools for calculating its predictions. ‘t Hooft has studied the quantum effects that can explain how information is processed in black holes, which led to the development of the holographic principle in cosmology, and possibly to new alternative ways to interpret quantum mechanics.
New Horizons in Physics Prize
This year’s New Horizons in Physics Prizes honor early-career researchers across a wide range of fields. In atomic physics, Waseem Bakr has created quantum gas microscopes that can image individual atoms confined in an optical lattice, advancing the study of strongly interacting quantum systems. In quantum information, a field at the fertile intersection of physics, mathematics and computer science, Jeongwan Haah has developed models of emergent quantum systems –macroscopic systems exhibiting quantum behavior, whose potential applications include quantum computing; these models include ‘Haah’s code’, which has opened the field of a class of quasi-particles called fractons. And in astronomy, Sebastiaan Haffert, Rebecca Jensen-Clem and Maaike van Kooten have designed and enabled novel techniques for extreme adaptive optics, which are systems that compensate for the effects of Earth’s atmosphere on light reaching terrestrial telescopes. Their work promises to enable the direct detection of the smallest exoplanets.
New Horizons in Mathematics Prize
Modern physics and higher mathematics share intimate connections, and it is notable that the research areas of all three of this year’s New Horizons in Mathematics Prize winners have links to quantum physics. Ewain Gwynne is recognized for his work in conformal probability, which studies probabilistic objects such as random curves and surfaces. John Pardon has produced a number of important results in geometry and topology, particularly in the field of symplectic geometry and pseudo-holomorphic curves, which are certain types of smooth surfaces in manifolds. Sam Raskin has played a significant role in the major recent progress on the geometric Langlands program (see Mathematics section above), including the final proof of the geometric Langlands conjecture in characteristic 0.
Maryam Mirzakhani New Frontiers Prize
The Maryam Mirzakhani New Frontiers Prize is awarded to outstanding women mathematicians who have recently completed their PhDs. Si Ying Lee has found a new approach to an important problem in the Langlands program (see Mathematics section above), succeeding in reducing it to a local problem. Rajula Srivastava has made progress in a challenging area at the intersection of harmonic analysis and number theory. Her work focuses on bounding the number of lattice points one can find near a given smooth surface, with important applications to Diophantine approximation in higher dimensions. Ewin Tang has invented quantum computing algorithms for machine learning. She also proved that certain calculations, which quantum algorithms were widely considered to be exponentially faster at solving, can actually be solved in comparable time by a normal (non-quantum) computer.
Citations for 2025 Laureates
2025 Breakthrough Prize in Life Sciences
Daniel J. Drucker
Lunenfeld-Tanenbaum Research Institute, Sinai Health, and University of Toronto
Joel Habener
Massachusetts General Hospital and Harvard University
Jens Juul Holst
Novo Nordisk Foundation Center for Basic Metabolic Research and the Department of Biomedical Sciences, University of Copenhagen
Lotte Bjerre Knudsen
Novo Nordisk
Svetlana Mojsov
Rockefeller University
For the discovery and characterization of GLP-1 and revealing its physiology and potential in treating diabetes and obesity.
2025 Breakthrough Prize in Life Sciences
Alberto Ascherio
Harvard University
Stephen L. Hauser
University of California, San Francisco
For establishing the role of B cells in multiple sclerosis and developing B-cell based treatments, and for revealing that Epstein-Barr virus infection is the leading risk for multiple sclerosis.
2025 Breakthrough Prize in Life Sciences
David R. Liu
Merkin Institute for Transformative Technologies in Healthcare at the Broad Institute of MIT and Harvard, Harvard University, and Howard Hughes Medical Institute
For developing base editing and prime editing, technologies that edit the DNA of living systems without cutting the DNA double helix, and rewrite segments of genes at their native locations, enabling the correction or replacement of virtually any mutation.
2025 Breakthrough Prize in Fundamental Physics
The ATLAS, CMS, ALICE and LHCb Collaborations at CERN’s Large Hadron Collider
For detailed measurements of Higgs boson properties confirming the symmetry-breaking mechanism of mass generation, the discovery of new strongly interacting particles, the study of rare processes and matter-antimatter asymmetry, and the exploration of nature at the shortest distances and most extreme conditions at CERN’s Large Hadron Collider.
The $3 million prize is allocated to ATLAS ($1 million); CMS ($1 million), ALICE ($500,000) and LHCb ($500,000), in recognition of 13,508 co-authors of publications based on LHC Run-2 data released between 2015 and July 15, 2024. [ATLAS – 5,345 researchers; CMS – 4,550; ALICE – 1,869; LHCb – 1,744].
In consultation with the leaders of the experiments, the Breakthrough Prize Foundation will donate 100 percent of the prize funds to the CERN & Society Foundation. The prize money will be used by the collaborations to offer grants for doctoral students from member institutes to spend research time at CERN, giving the students experience working at the forefront of science and new expertise to bring back to their home countries and regions.
The names of each prizewinner can be found at https://breakthroughprize.org/Laureates/1.
2025 Special Breakthrough Prize in Fundamental Physics
Gerardus ‘t Hooft
Utrecht University
For fundamental insights into gauge theory and the standard model.
2025 Breakthrough Prize in Mathematics
Dennis Gaitsgory
Max Planck Institute for Mathematics
For foundational works and numerous breakthrough contributions to the geometric Langlands program and its quantum version; in particular, the development of the derived algebraic geometry approach and the proof of the geometric Langlands conjecture in characteristic 0.
2025 New Horizons in Mathematics Prize
Ewain Gwynne
University of Chicago
For contributions to conformal probability, in particular to the understanding of the LQG metric.
John Pardon
Stony Brook University
For contributions to symplectic topology and other areas of geometry and topology.
Sam Raskin
Yale University
For contributions to the geometric Langlands program, including the theory of the Whittaker model and the proof of the geometric Langlands conjecture in characteristic 0.
2025 Maryam Mirzakhani New Frontiers Prize
Si Ying Lee
Stanford University
(PhD Harvard University 2022)
For contributions to the theory of Shimura varieties.
Rajula Srivastava
University of Bonn and Max Planck Institute for Mathematics
(PhD University of Wisconsin 2022)
For contributions in harmonic analysis and analytic number theory, including contributions to the problem of counting rational points near smooth manifolds.
Ewin Tang
University of California, Berkeley
(PhD University of Washington 2023)
For developing classical analogs of quantum algorithms for machine learning and linear algebra, and for advances in quantum machine learning on quantum data.
2025 New Horizons in Physics Prize
Waseem Bakr
Princeton University
For the realization of quantum gas microscopes for atoms and molecules, providing a microscopic view on correlations and transport in strongly interacting quantum systems.
2025 New Horizons in Physics Prize
Jeongwan Haah
Stanford University
For the discovery of Haah’s code, in which fractal conservation laws emerge, and other models bringing discrete mathematical structures to physics
2025 New Horizons in Physics Prize
Sebastiaan Haffert
Leiden University, Leiden Observatory and University of Arizona, Steward Observatory
Rebecca Jensen-Clem
University of California, Santa Cruz
Maaike van Kooten
National Research Council Canada
For demonstrating new extreme adaptive optics techniques that will allow the direct detection of the smallest exoplanets.
About The Breakthrough Prize
For the 13th year, the Breakthrough Prize, renowned as the “Oscars® of Science,” recognizes the world’s top scientists. Each prize is $3 million and presented in the fields of Life Sciences, Fundamental Physics and Mathematics. In addition, up to three New Horizons in Physics Prizes, up to three New Horizons in Mathematics Prizes and up to three Maryam Mirzakhani New Frontiers Prizes are given out to early-career researchers each year. Laureates attend a gala award ceremony designed to celebrate their achievements and inspire the next generation of scientists.
The Breakthrough Prizes were founded by Sergey Brin, Priscilla Chan and Mark Zuckerberg, Julia and Yuri Milner, and Anne Wojcicki and have been sponsored by foundations established by them. Selection Committees composed of previous Breakthrough Prize laureates in each field choose the winners. Information on the Breakthrough Prize is available at https://breakthroughprize.org.
View original content to download multimedia:https://www.prnewswire.com/news-releases/breakthrough-prize-announces-2025-laureates-in-life-sciences-fundamental-physics-and-mathematics-302421435.html
SOURCE The Breakthrough Prize
You may like
Technology
BLUETTI Previews Its EOFY 2025 Sale with Massive Savings and Giveaways
Published
31 minutes agoon
May 25, 2025By

SYDNEY, May 26, 2025 /PRNewswire/ — As the end of the financial year (EOFY) draws near, BLUETTI, a technology pioneer in clean energy, is gearing up to launch its EOFY 2025 Sale in Australia. From June 1 to June 30, BLUETTI is providing generous discounts on its popular portable power products, along with enticing giveaways and special online activities.
What to Expect from the BLUETTI EOFY 2025 Sale
Australian shoppers can enjoy massive savings on best-selling BLUETTI power stations, with discounts of up to 43% off and limited-time flash sales on select models. But that’s not all. To make the EOFY Sale even more rewarding, BLUETTI is offering:
Lucky Draws: Sign up on the BLUETTI website for a chance to win exciting prizes.Bulk Deals: Extra discounts available on selected products when purchasing multiple units — perfect for families, businesses, or group buyers.Social giveaways: Snag fantastic rewards by participating in social media campaigns.Additional savings: Spend above certain thresholds and get up to an additional 7% off.
Highlights of BLUETTI EOFY 2025 Sale
Most of BLUETTI products will join this shopping spree, with the Elite 200 V2, AC300+B300K, and AC180 being the standouts. Marking its second anniversary, the star product AC180 has won the hearts of over 4,500 Aussies since its launch. Many praise its capability of powering 1,800W high-wattage appliances while remaining portable at only 16 kg. So versatile, the AC180 can be ‘a better option than a second battery in your 4WD’, or function as a lifesaver to power TVs for a full game of rugby during power outages.
Get Ready for BLUETTI EOFY 2025 Sale
Keen to score the best deals early? Head over to the BLUETTI website now—early EOFY Sale deals have already started from May 26!
About BLUETTI
As a technology pioneer in clean energy, BLUETTI is committed to a sustainable future by providing affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI is dedicated to bringing power to 1 million African families in off-grid areas. With a strong focus on innovation and customer needs, BLUETTI has established itself as a trusted industry leader in over 110 countries and regions.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bluetti-previews-its-eofy-2025-sale-with-massive-savings-and-giveaways-302464734.html
SOURCE BLUETTI ENERGY PTY LTD
Technology
DataCore Strengthens Hyperconverged Infrastructure Leadership Across Edge, Remote Offices, and Small Business Markets with the Acquisition of StarWind
Published
31 minutes agoon
May 25, 2025By

The addition of StarWind expands DataCore’s reach in hyperconverged infrastructure capabilities to edge environments – building on its proven expertise in core data centers.
FORT LAUDERDALE, Fla., May 25, 2025 /PRNewswire-PRWeb/ — DataCore Software, a leader in data infrastructure and management solutions, today announced its acquisition of StarWind Software, a trusted brand in hyper-converged infrastructure (HCI) for edge and remote office/branch office (ROBO) environments, serving the unique requirements of small and mid-sized businesses. The acquisition extends DataCore’s reach beyond the core data center, enabling the delivery of streamlined, software-defined HCI solutions across highly distributed operations.
As businesses generate increasing volumes of mission-critical data at the edge, the need for simplified, scalable infrastructure has become a top priority. Gartner estimates that around 75% of enterprise data globally will be created and processed outside of traditional data centers. This shift is evident across numerous scenarios including retail chains processing in-store analytics, manufacturers preventing equipment failures with real-time monitoring, healthcare providers managing distributed patient data, and financial institutions requiring branch-level transaction processing. With StarWind’s technology, DataCore addresses these demands by offering a unified approach to HCI that reduces complexity and enhances operational efficiency across heterogeneous architectures.
The combined company now offers one of the industry’s most comprehensive storage portfolios – spanning block, file, S3 object, and container-native storage. This broader scope aligns with DataCore.NEXT, the company’s strategic vision to support diverse workloads and deployment models across core, edge, and cloud environments through flexible, best-of-breed software-defined solutions.
“This acquisition represents a significant leap toward realizing our DataCore.NEXT vision,” said Dave Zabrowski, CEO of DataCore. “Merging our strengths with StarWind’s trusted edge and ROBO expertise allows us to deliver reliable HCI that works seamlessly from central data centers to the most remote locations. We are focused on giving organizations greater choice, control, and a more straightforward path for managing data wherever it resides.”
Managing IT across branch, remote, and edge locations brings growing pressure to do more with fewer resources. With tighter budgets and limited onsite staff, organizations demand resilient, low-footprint platforms that are easy to deploy and manage. The joint capabilities of DataCore and StarWind directly address this need, providing an attractive alternative to legacy HCI approaches.
Virtual Effect, a long-standing DataCore partner, welcomed the news of the acquisition. “We love the DataCore.NEXT vision, which optimizes how customers manage data across core, cloud, and edge environments,” said John Greenwood, Chief Strategy Officer at Virtual Effect. “DataCore already leads the industry with one of the broadest software-defined storage portfolios. The addition of StarWind brings another best-in-class solution into the fold, further strengthening their edge offerings and reinforcing their commitment to customer agility and infrastructure independence.”
“Joining the DataCore family allows us to bring our high-performance virtual SAN technology to a wider audience,” said Anton Kolomyeytsev, CEO of StarWind. “With growing uncertainty around Broadcom-VMware’s vSAN licensing and pricing—particularly in distributed and cost-sensitive environments – organizations are rethinking their infrastructure strategies. Together with DataCore, we are delivering greater flexibility, performance, and freedom from hardware and hypervisor lock-in without compromising simplicity or control.”
To learn how these solutions can help your organization, contact DataCore today.
About DataCore
DataCore Software delivers the industry’s most flexible, intelligent, and powerful software-defined storage solutions for the core, edge, and cloud. With a comprehensive product suite, intellectual property portfolio, and unrivaled experience in storage virtualization and advanced data services, DataCore has helped over 10,000 customers worldwide modernize how they store, protect, and access data. For more information, visit datacore.com.
About StarWind
Since 2008, StarWind has been at the forefront of hyperconverged infrastructure, providing scalable and reliable solutions for organizations worldwide. Trusted by global brands, StarWind combines innovation, simplicity, and performance to deliver exceptional value to its customers. For more information about StarWind and its cutting-edge HCI solutions, visit www.starwind.com.
Media Contact
Mariia Kholotii, StarWind, 1 617 829 4495, maria.holotii@starwind.com, https://www.starwindsoftware.com/
Michel Portelli, DataCore Software, pr@datacore.com, https://www.datacore.com/
View original content:https://www.prweb.com/releases/datacore-strengthens-hyperconverged-infrastructure-leadership-across-edge-remote-offices-and-small-business-markets-with-the-acquisition-of-starwind-302464136.html
SOURCE StarWind
Technology
Ctrl Alt and Dubai Land Department Go Live with Tokenized Real Estate, Forecasts $16B Market by 2033
Published
4 hours agoon
May 25, 2025By

DUBAI, UAE, May 25, 2025 /PRNewswire/ — Leading tokenization infrastructure platform, Ctrl Alt has been announced as the tokenization partner for Dubai Land Department’s (DLD) pioneering Real Estate Tokenization Project. Launched today, the initiative in collaboration with the Virtual Assets Regulatory Authority (VARA), the Dubai Future Foundation and PRYPCO, marks a monumental step for asset tokenization and the future of property investment in the Emirate.
As the designated tokenization provider for the project, Ctrl Alt brings deep expertise in financial engineering and digital asset infrastructure. The DLD and Ctrl Alt have worked closely together on the development of a secure and compliant tokenization framework, focusing on structuring, minting and placing real estate title deed tokens on-chain. The XRP Ledger (XRPL), a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging digital and real-world assets, has been selected as the blockchain of choice for the project. Additionally, Ctrl Alt has integrated directly with the DLD to synchronize both digital and traditional real estate ledgers, ensuring coordination between the on-chain and the conventional property registration system. This enables a fully integrated and transparent tokenization process that aligns with local regulations and enhances investor confidence.
The project has been developed under the Real Estate Evolution Space Initiative (REES) and marks the first time in the Middle East that a government real estate registration authority has implemented a public blockchain-based tokenization of property title deeds. With this move, the DLD is leading the charge toward a more accessible, transparent and efficient real estate market, enabling fractional ownership, broadening investor participation and enhancing operational efficiency.
By leveraging native tokenization, ownership of real estate has been fractionalized, allowing multiple investors to co-own a single property. This is achieved through the PRYPCO Mint real estate platform, which is now live and allows investors to participate with a starting minimum investment of AED 2,000. EID holders are able to participate at mint.prypco.com.
The initiative is projected to contribute to the growth of an AED 60 billion ($16 billion) tokenized real estate market by 2033, equivalent to 7% of Dubai’s total property transactions.
Matt Ong, CEO and Founder, Ctrl Alt said, “We’ve been working closely with the DLD on this project for some time, and we’re delighted to be taking this major step together to bring real estate investment to a wider audience. As experts in the space, we are proud to create the tokenization infrastructure that enables DLD’s partners to offer fractional real estate to investors. Dubai’s leadership in embracing next-generation financial technologies is truly world-class and this project is a powerful signal of what’s to come. We’re thrilled to launch this pilot and continue building with DLD in the months ahead.”
This strategic initiative aligns with the objectives of Dubai’s Real Estate Sector Strategy 2033 and the broader Dubai Economic Agenda (D33), both of which prioritize the adoption of digital solutions to boost economic competitiveness, attract global investment and modernize key sectors.
About Ctrl Alt
Ctrl Alt is a leading tokenization infrastructure platform, combining blockchain technology with expert financial engineering to deliver tailored, compliant solutions in the alternative assets space. As of May 1, 2025, Ctrl Alt has tokenized over $295 million in assets, spanning real estate, private credit, funds, litigation finance and more.
For further information, visit www.ctrl-alt.co or contact info@ctrl-alt.co.
Ctrl Alt Solutions DMCC is licensed by the Dubai Virtual Assets Regulatory Authority (reference: VL/25/05/002) as a Broker-Dealer and as an Issuer. Our principal office is located at Level No 12, Uptown Tower, Dubai.
Virtual Assets may lose their value in full or in part, and are subject to extreme volatility.
Investors in Virtual Assets can lose all their money and do not benefit from any form of
financial protection.
Media contact:
Lawrence Chiu
press@ctrl-alt.co
Logo – https://mma.prnewswire.com/media/2695623/Ctrl_Alt_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ctrl-alt-and-dubai-land-department-go-live-with-tokenized-real-estate-forecasts-16b-market-by-2033-302464841.html


BLUETTI Previews Its EOFY 2025 Sale with Massive Savings and Giveaways

DataCore Strengthens Hyperconverged Infrastructure Leadership Across Edge, Remote Offices, and Small Business Markets with the Acquisition of StarWind
Crypto leaders are wrong about tokenized property

Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network

New Gooseneck Omni Antennas Offer Enhanced Signals in a Durable Package

Huawei Launches Global City Intelligent Twins Architecture to Accelerate City Digital Transformation

Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs

Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network

NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology5 days ago
XREAL Unveils ‘Project Aura’ at Google I/O — An Optical See-Through XR Device for Android XR
-
Technology4 days ago
RD Technologies Celebrates Passage of Stablecoins Ordinance in Hong Kong
-
Coin Market4 days ago
Hong Kong passes stablecoin bill, set to open licensing by year-end
-
Coin Market3 days ago
Semiconductor exemptions don’t matter when it comes to tariffs
-
Technology2 days ago
The Great Reset, the First Photorealistic AI Film Makes History at the Cannes Film Festival
-
Technology3 days ago
CGTN: The Undersea Lifeline: The Hidden Network Powering Asia
-
Technology4 days ago
EPO: Transforming polluted air into biodegradable material: Colombian innovator Mariana Pérez in top 10 innovator in the Young Inventors Prize 2025
-
Technology4 days ago
Huntsman Corporation Announces New Purification and Packaging Capability through its E-GRADE® Unit in Conroe, Texas