Michaela
The Trump administration has reportedly developed a postwar plan for Gaza, entitled the GREAT Trust, which would use digital tokens and tokenized land to relocate and rehouse residents under a potential U.S. trusteeship.
Key points:
- The GREAT Trust plan proposes using digital tokens and tokenized land to relocate and rehouse Gaza residents under a potential U.S. trusteeship.
- It includes major projects like a special economic zone and links Gaza to the India-Middle East–Europe Economic Corridor (IMEC).
- About two million residents could receive digital land tokens, with temporary housing and food subsidies, while blockchain tokenization enables fractional ownership.
A report from The Washington Post outlines a 38-page proposal, the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust), which envisions the U.S. assuming trusteeship over Gaza for a period of at least ten years.
“The Gaza Reconstitution, Economic Acceleration and Transformation (GREAT) Trust will fundamentally transform Gaza (spatial design, economy, governance) and integrate it into the Abrahamic fabric and the broader IMEC initiative,” the alleged proposal states.
The alleged proposal also outlines what it describes as “10 Mega Projects,” including the creation of the Gaza-Arish-Sderot Special Economic Zone, which would feature free trade access to Europe, the Gulf Cooperation Council, and the United States.
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The proposal also presents the “Gaza 2035 Regional Vision,” positioning Gaza as a key link in the India-Middle East–Europe Economic Corridor (IMEC) to the Mediterranean. It envisions the territory evolving into a hub for manufacturing, trade, data, and tourism, leveraging its strategic location, access to European, GCC, and Asian markets, abundant resources, and a youthful workforce. The plan emphasizes support from Israeli technology and investments from Gulf Cooperation Council countries to drive development.
Under the GREAT Trust proposal, roughly two million Gaza residents would be relocated, receiving a digital token representing their land. These tokens could be exchanged for housing in one of up to eight proposed “smart cities” or for relocation to other areas. The plan also includes subsidies for temporary housing and food for up to four years to support affected residents during the transition.
The Washington Post reported that the GREAT Trust proposal was developed by the team behind the U.S. and Israel-supported Gaza Humanitarian Foundation, an organization currently providing food aid in the territory. Financial planning for the proposal was carried out by a group that was affiliated with the Boston Consulting Group at the time.
Additionally, two sources familiar with the planning say that key elements of the proposal were designed to advance President Donald Trump’s vision for Gaza. However, it remains unclear whether the plan reflects Trump’s specific intentions or represents a concept currently under consideration.
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The GREAT Trust proposal also introduces an “innovative funding model” that would establish a land trust and a blockchain-based registry to record property ownership and enable tokenization. By dividing Gaza’s land into digital tokens, the plan aims to facilitate fractional ownership and increase liquidity within the territory’s real estate market.
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MICHAELA
Michaela is a news writer focused on cryptocurrency and blockchain topics. She prioritizes rigorous research and accuracy to uncover interesting angles and ensure engaging reporting. A lifelong book lover, she applies her passion for reading to deeply explore the constantly evolving crypto world.
