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Dubai Launches Prypco Mint, First Tokenized Property Platform in the Region

  • Dubai has launched Prypco Mint, the Middle East’s first tokenized property investment platform, allowing real estate investments with a minimum of Dh2,000.
  • The project is supported by VARA, Central Bank of the UAE, and Dubai Future Foundation, offering opportunities for residents to invest in tokenized properties via Prypco Mint.
  • Prypco Mint operates on the XRP Ledger for fast and secure transactions, with potential benefits including rental income and property value appreciation.
  • With the aim to represent 7% of Dubai's property market by 2033, Prypco Mint merges real estate with Web3 technology, ushering in a new era of digital progress in Dubai.

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