PRYPCO Mint, the MENA region’s first real estate tokenization platform to partner with a government entity, is set to launch its secondary marketplace on February 20th. The new platform, accessible via the PRYPCO Mint App, will enable the regulated buying, selling, and transfer of tokenized property, aiming to enhance liquidity and access for real estate investors in the UAE.
From Pilot Success to Operational Execution
The marketplace launch marks Phase 2 of the initiative, building on a highly successful pilot phase. Phase 1 focused on establishing the regulatory and technical framework for tokenizing real estate assets directly on title deeds.
This initial phase saw significant investor interest, attracting participants from over 50 nationalities and facilitating more than AED 18.5 million in tokenized property investments. One property was fully funded in a record time of just one minute and 58 seconds, demonstrating strong market demand for fractional ownership. The new marketplace signals a shift from pilot testing to full operational execution of a secondary trading environment.
A Regulated Ecosystem for Digital Ownership
Developed in a strategic partnership with the Dubai Land Department (DLD) and licensed by the Virtual Assets Regulatory Authority (VARA), PRYPCO Mint provides a secure and compliant ecosystem. The platform allows real estate assets to be divided into digital tokens, each representing a share of ownership.
Through the new marketplace, investors can trade these tokens 24/7, subject to robust regulatory controls and compliance safeguards. Currently, the platform is available to UAE residents aged 18 and above who possess a valid Emirates ID.
Tackling Real Estate’s Liquidity Challenge
The initiative directly addresses some of the most persistent challenges in property investment, namely high entry barriers and limited exit opportunities. By introducing a liquid secondary market, PRYPCO Mint empowers investors with greater flexibility and control over their assets.
Commenting on the launch, Essa Ibrahim, Co-founder and President of PRYPCO, said, “Real estate remains one of the most important yet least accessible asset classes, shaped by high capital barriers, limited liquidity, and fragmented processes. The PRYPCO Mint Marketplace introduces a new model, one that enables investors to participate in property ownership with greater flexibility while maintaining regulatory safeguards. This is about building the rails for the future of ownership, where real estate can be accessed, held, and transferred digitally within a trusted ecosystem.”
Aligning with Dubai’s Vision for Real Estate
The launch is in line with the objectives of the Dubai Real Estate Sector Strategy 2033, which aims to foster market balance, enhance transparency, and improve the overall investor experience.
By integrating real estate, financial infrastructure, and digital asset regulation, the PRYPCO Mint marketplace strengthens Dubai’s position as a global leader in property innovation. It serves as a powerful example of how collaboration between government, regulators, and technology can reshape traditional ownership models and expand market participation.
About PRYPCO
PRYPCO is a leading PropTech company in the region, reshaping the real estate market through tokenization, fractional ownership, simplified mortgages, Golden Visas and digital accessibility for real estate agents. Founded by Amira Sajwani, PRYPCO’s ecosystem includes PRYPCO Mint (tokenized investment), PRYPCO Blocks, PRYPCO Mortgage, PRYPCO One for agents, and PRYPCO Golden Visa. With a bold vision to enable real estate freedom, PRYPCO is setting new standards in how people invest, own, and benefit from property.
Source: Zawya
