PRYPCO Mint has announced the launch of its second tokenised property, building on the success of its inaugural listing that was fully funded in under 24 hours. This new property will go live on 11 June 2025, reinforcing investor confidence in fractional property ownership and enhancing Dubai’s reputation as a leader in real estate innovation...
Dubai’s real estate market is undergoing a significant transformation, with tokenisation gaining traction. In May alone, property sales processed through blockchain-based platforms exceeded $399 million, which represents 17.4% of the total real estate transactions for the month. This shift towards digitised ownership models highlights a growing trend in the market. The developments in Dubai’s real...
DroppRWA, a sister company of the Web3 technology provider DroppGroup, has teamed up with Saudi Arabia’s real estate developer RAFAL Real Estate Co. to execute the kingdom’s first-ever real-world asset (RWA) tokenization transaction. This initiative represents a significant turning point, as the RAFAL pilot will serve as a national feasibility benchmark for the future of...
Dubai’s real estate market is rapidly embracing tokenisation, with more than 6 000 individuals joining the waitlist for Prypco Mint, a new platform that enables users to purchase fractional shares of property through secure digital tokens. This innovative approach is revolutionizing how people invest in real estate in the emirate. Credit: WAM The Dubai Land...