Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Israel-linked business group propose controversial plan to tokenize & sell Gaza land

Source Cryptopolitan

A group of Israeli businessmen presented a slide deck to the Trump administration on a new Gaza project called the “Great Trust.”

The concept envisions a post-war Gaza in which all public land is placed in a trust designed to encourage and promote economic development in the region. The “Great Trust” would then sell Gaza’s public land to investors as tokenized assets on the blockchain.

The “Great Trust” will enable Gazans to transfer privately owned land to the trust in exchange for tokens. These tokens will give Gazans the right to own a permanent living space.

The trust also proposed to compensate 500,000 Palestinians to leave the strip to attract investors to the area. The slide deck does not name any specific blockchain platforms or vendors.

The “Great Trust” is an acronym for “Gaza Reconstitution, Economic Acceleration, and Transformation.”

The project’s financial model, allegedly created by the Boston Consulting Group (BCG), assumes a 25% voluntary relocation rate among Gazans. Each Palestinian would be offered $9,000 to encourage permanent departure. The model further projects a GDP of $324 billion.

The project teases a ‘Trump Riviera’ and an ‘Elon Zone’

The Financial Times reported seeing the project presentation where the group of Israeli businessmen showcased the controversial concept of a post-war Gaza with a “Trump Riviera” and an “Elon Musk Smart Manufacturing Zone.”

The “Gaza Riviera” is a concept with artificial islands similar to those in Dubai. The Riviera is envisioned as a low-tax special economic zone with blockchain-based trade initiatives and a sea port that connects Gaza to the India–Middle East–Europe economic corridor.

One slide envisions a manufacturing zone in northern Gaza that would host American electric-vehicle companies and factories. These facilities would receive shipments of materials and minerals from neighboring countries, assemble batteries and vehicles, and export them to Europe.

The factories would be powered by gas from the Gaza-Marine and photovoltaic (PV) energy, and would hire skilled and low-cost workers. Delivering the vehicles to Europe would incur minimal costs since they would be shipped via Al-Arish Port with 0% tax. The initiative aims to compete with Chinese EV makers.

The slide claimed that this arrangement would make EV companies profitable while “giving a better future for Palestinians and Israelis.”

Israeli businessmen pitch to tokenize & sell Gaza land via controversial 'Great Trust' program — Source: Financial Times.

The ‘Great Trust’ proposal features more projects and companies

The “Trump Riviera” and the “Elon Musk Smart Manufacturing Zone” are not the only projects. The slide deck names a total of ten so-called “Mega Projects,” including Gaza planned cities, the MBS Ring Highway, the MBZ Central Highway, Gaza infrastructure rebuild, an American Data Safe Haven, the Abrahamic Infrastructure Corridor (including a Gaza–Israel gas pipeline), the Abraham Gateway logistics hub in Rafah, a regional water hub, and a new Gaza seaport and airport.

According to the Financial Times, the “Great Trust” proposal included logos of giant companies like Tesla, Amazon, and IKEA, suggesting investor interest. However, none of those companies were involved or consulted.

Sources said that the “Great Trust” deck was compiled in April, ahead of the Israeli and US attacks on Iran. One person said to FT that “It is the work of a group of business people who have worked tirelessly over the past 20 months to create a better future for Gaza.”

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?Prioritize filling the $27,000 gap and even try higher.

Author FXStreet

Aug 22, 2023

Prioritize filling the $27,000 gap and even try higher.

Bitcoin briefly loses 2025 gains as crypto plunges over the weekend.Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant. The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year. Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus. Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses. Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.

Author Mitrade

Nov 17, 2025

Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant. The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year. Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus. Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses. Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.

ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next Move With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.

Author Mitrade

Dec 26, 2025

With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.

Gold Price Forecast: XAU/USD opens lower around $4,450 on fears of widening Iran conflicts Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.

Author FXStreet

Mar 30, Mon

Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.

Silver Price Forecast: XAG/USD falls to near $72.00 amid fading safe-haven demand Silver price (XAG/USD) continues to lose ground after registering tiny losses in the previous day, trading around $72.90 during the Asian hours on Thursday. The safe-haven demand for the precious metal fades amid rising optimism over Middle East peace.

Author FXStreet

Apr 02, Thu

Silver price (XAG/USD) continues to lose ground after registering tiny losses in the previous day, trading around $72.90 during the Asian hours on Thursday. The safe-haven demand for the precious metal fades amid rising optimism over Middle East peace.

Popular Symbols