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.