RAK Properties, one of the largest publicly listed real estate companies in Ras Al Khaimah, UAE, has announced it will accept cryptocurrencies such as Bitcoin, Ethereum, and USDT for international property transactions. This initiative is supported by global payment platform Hubpay, which will convert the crypto assets into UAE's fiat currency and deposit them into the company's accounts. Since its listing on the Abu Dhabi Securities Exchange in 2005, RAK Properties has reached a market capitalization of 4.7 billion dirhams (approximately $1.3 billion), according to TradingView data.