UAE-based PropTech platform PRYPCO has signed a Memorandum of Understanding (MoU) with the Ministry of Justice of Georgia, marking a significant move to develop a secure and compliant framework for real estate tokenization within the country. This collaboration highlights the growing global influence of MENA’s technology startups in shaping next-generation digital infrastructure.
A Strategic Public-Private Partnership
The MoU establishes a strategic framework for cooperation between PRYPCO and the Georgian government to explore, develop, and implement an innovative real estate tokenization initiative. The signing ceremony was attended by high-level dignitaries including H.E. Irakli Kobakhidze, Prime Minister of Georg
a, and H.E. Paata Salia, Minister of Justice of Georgia, underscoring the national importance of the agreement.
This public-private partnership model leverages PRYPCO’s technological expertise and the Georgian government’s ambition to modernize its legal and economic frameworks. The collaboration aims to position Georgia as a progressive, innovation-friendly jurisdiction for digital investment in property.
Fostering Innovation and Investor Confidence
Under the agreement, both parties will work to promote legal and technological innovation across Georgia’s real estate sector. Key objectives include enhancing regulatory clarity, encouraging domestic and international investment, and supporting the transparent and compliant tokenization of real estate rights and interests under Georgian law.
Amira Sajwani, Founder and CEO of PRYPCO, commented on the partnership, stating, “This MoU reflects a shared belief that the future of real estate lies in trust, transparency, and technology-enabled access. By working closely with the Ministry of Justice of Georgia, we are laying the groundwork for a responsible and compliant approach to real estate tokenization, one that strengthens investor confidence, supports regulatory clarity, and unlocks new opportunities for global participation.”
His Excellency Paata Salia, Minister of Justice of Georgia, added, “This cooperation with PRYPCO represents an important step in Georgia’s efforts to modernize its real estate and legal infrastructure. By exploring innovative approaches such as real estate tokenization within a clear regulatory framework, we aim to enhance transparency, strengthen investor protection, and increase confidence in Georgia as a secure and progressive investment environment.”
A Milestone for MENA PropTech
For PRYPCO, this agreement represents another key milestone in its international expansion strategy. The partnership with a national government demonstrates the UAE-based startup’s commitment to working alongside regulators to shape the future of real estate ownership. As global interest in real-world asset tokenization accelerates, PRYPCO’s collaborative and compliance-focused approach positions it as a leading player from the MENA region on the global stage.
About PRYPCO
PRYPCO is a UAE-based PropTech and real estate tokenization platform founded by Amira Sajwani. The company is focused on modernizing real estate processes through technology, enhancing transparency, and creating new investment opportunities. PRYPCO collaborates with governments and regulators to build secure and compliant frameworks for the digitization and tokenization of real estate assets.
Source: Zawya
