CryptoAutos buys $20M luxury fleet in Dubai to expand RWA investments
Crypto automotive marketplace CryptoAutos has added a fleet of luxury vehicles valued at $20 million to its operations in Dubai, expanding its efforts to link digital assets with physical investments.
The move reflects a broader push within the blockchain sector to use real-world assets (RWAs) as a bridge between cryptocurrency and traditional ownership models.
Real-world assets gaining traction
RWAs have gained traction in blockchain circles as a way to tokenise physical assets, making it easier for investors to buy, trade, or keep partial ownership. CryptoAutos’ purchase is a step toward making this concept more practical. The company aims to show that tokenisation can work beyond theory, providing both liquidity and alternative investment paths for digital asset holders.
Waqas Nizam, the company’s founder, said the acquisition aligns with its goal of turning digital holdings into real-world value. “Acquiring real-world assets and making them accessible through tokenisation is at the core of what we do. This $20M fleet acquisition is another step towards enabling individuals to leverage their digital assets in meaningful, practical ways,” Nizam said.
The acquisition follows multiple funding rounds, with CryptoAutos raising $60 million and $7.5 million in separate investments.
How the model works
CryptoAutos intends to offer investment opportunities linked to its fleet. Users would be able to invest in fractional ownership of vehicles and potentially earn USDT returns on rental fees or future vehicle sales. The company estimates that the fleet’s annual rental revenue could reach $15 million.
Through its platform, users can:
- Buy fractional stakes in high-value vehicles.
- Receive potential earnings from rentals.
- Gain exposure to potential resale value of luxury cars.
The approach combines blockchain’s efficiency with income-generating assets, offering digital investors a way to diversify into more stable, real-world sectors.
Dubai as a launchpad
Dubai’s regulatory approach to blockchain and its well-established market for luxury cars made it a logical starting point for CryptoAutos. Nizam described the city as providing an ecosystem where blockchain-based asset ownership models can develop.
The fleet
The newly acquired collection includes luxury and performance vehicles from brands such as Lamborghini, Ferrari, Mercedes-Benz, Porsche, McLaren, Rolls Royce, Bentley, Aston Martin, Land Rover, Nissan, and Tesla. Some models in the lineup include:
- Lamborghini Urus, Aventador, Huracan EVO
- Ferrari Purosangue, F8 Spider
- Mercedes-Benz G63 AMG, S680 White Matte
- Porsche 911 Turbo S, GT3 RS
- McLaren 720S
- Rolls Royce Cullinan Black Badge
- Tesla Cybertruck
What the acquisition means
The fleet addition is expected to support CryptoAutos’ broader plan to grow its marketplace for tokenised vehicle investments. According to the company, the move could improve users’ liquidity, lower barriers to owning high-value cars, and serve as a practical use case for blockchain-backed investments.
CryptoAutos intends to expand its portfolio with more asset-backed investment opportunities. The company says more information on upcoming projects will be released in the months ahead as it works to integrate tokenised real-world assets into everyday financial systems.
(Image by Pixabay)
See also: Malaysia eyes blockchain innovation, taking notes from the UAE
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