Dubai launches real estate tokenization platform Prypco Mint, investors can invest as little as $540 to participate in Dubai's real estate market

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MarsBit
05-27
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According to Tokocrypto on May 27, the Dubai Land Department (DLD) launched a real estate tokenization platform called Prypco Mint, developed by Ctrl Alt's underlying infrastructure. The platform will divide physical real estate into digital tokens on the blockchain, with investors able to participate in the Dubai real estate market with a minimum investment of $540. The platform has been directly connected to the Dubai Land Department's system, ensuring blockchain records are synchronized with traditional land registration. Dubai plans to tokenize real estate assets worth $16 billion by 2033, lowering investment barriers and increasing liquidity to enable more investors to enter the Dubai real estate market.

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