Latest news with #VARA
Zawya
2 days ago
- Business
- Zawya
RAKBANK becomes the first UAE conventional bank to facilitate crypto brokerage service
Dubai, UAE: RAKBANK has announced the launch of its crypto brokerage service via its mobile app for retail customers, becoming the first conventional bank in the UAE to enable crypto trading services for its customers. With this new offering, RAKBANK customers can buy, sell, and swap cryptocurrencies by accessing Bitpanda's crypto trading platform through RAKBANK's mobile banking app. The platform is owned and operated by Bitpanda, to which RAKBANK facilitates the access. All transactions will take place in AED, eliminating foreign currency transfer fees and forex losses altogether. What's more, transactions are executed directly from the customer's RAKBANK current or savings account, avoiding the need for lengthy and inefficient processes to move money in and out of crypto exchanges. The transaction is fulfilled through our partner Bitpanda's best-in-class platform. This milestone is powered by RAKBANK's partnership with Bitpanda, one of the world's most trusted and scalable digital asset infrastructure providers, via its group´s Dubai's Virtual Assets Regulatory Authority (VARA) regulated entity Bitpanda Broker MENA DMCC. Bitpanda is also regulated by multiple European regulators. Its institutional service, Bitpanda Technology Solutions, is already trusted by leading global financial institutions, including Deutsche Bank, Raiffeisen Bank, and N26. With this launch, RAKBANK will be providing its customers with seamless, fast, and efficient access to digital assets in a fully regulated way. Raheel Ahmed, Group CEO of RAKBANK, commented: 'RAKBANK has been a leader and pioneer in digital assets among UAE banks, and we are proud to be the first conventional bank in the UAE to enable simple, secure, and regulated access to a world class digital assets platform. We recognize the opportunity this solution will provide to customers in the UAE, as we believe they deserve a more efficient and seamless crypto buying, selling and swapping journey that is fully regulated and entirely in AED. With this service through our award winning digital app and collaboration with a leading crypto trading platform, we are staying true to our strategy of being the digital bank with a human touch.' Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, commented: 'Collaborating with RAKBANK is a big moment for digital assets in the region. Together, we're showing how crypto can be offered in a safe, regulated, and simple way - directly from a major conventional bank that customers already trust. This is exactly how the future of finance should look: simple, compliant, and built to meet real user needs.' The service is currently by invitation only and will be rolled out to more customers over the coming months. About Bitpanda Bitpanda was founded in Vienna in 2014 and is the leading European crypto platform. With a selection of over 3,200 digital assets, including more than 600 crypto assets and numerous stocks*, ETFs*, precious metals and commodities, the Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by over 6.5 million users, and dozens of institutional partners, Bitpanda holds licences in several countries, and has a proven track record of working with local regulators to keep assets safe and secure. This makes Bitpanda one of the safest and most strictly regulated trading platforms in the industry. In addition to its headquarters in Vienna, Bitpanda has offices in Barcelona, Berlin and Bucharest. About RAKBANK RAKBANK, also known as the National Bank of Ras Al Khaimah (P.S.C), is one of the UAE's oldest yet most dynamic banks. Since 1976, RAKBANK has been a market leader, offering a wide range of banking services across the UAE. We're a public joint stock company based in Ras Al Khaimah, UAE, with our head office located in the RAKBANK Building on Sheikh Mohammed Bin Zayed Road. The Government of Ras Al Khaimah holds the majority of our shares, which are publicly traded on the Abu Dhabi Securities Exchange (ADX). RAKBANK stands out for its innovation and unwavering commitment to delivering awesome customer experiences. Our transformative digital journey aims to be a 'digital bank with a human touch,' accompanying you during key moments. With 20 branches and advanced Digital Banking solutions, we offer a wide range of Personal, Wholesale, and Business Banking services. Through our Islamic Banking unit, RAKislamic, we provide Sharia-compliant services to make your banking experience seamless, whether you visit us in person or online. For more information, please visit or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with us on our social media platforms:
Crypto Insight
2 days ago
- Business
- Crypto Insight
How to use cryptocurrency to buy a home in Dubai (legally and safely)
Dubai now has clear laws for buying property with crypto via VARA and the UAE Central Bank. Major developers like Damac and Emaar accept BTC, ETH and stablecoins for property sales. Crypto payments are faster, cheaper and easier for global buyers. Stablecoins and tokenized real estate are driving Dubai's next property boom. It's well known that Dubai is already a hub for cryptocurrency adoption, extending from everyday payments to high-value assets such as real estate. Emirates Airline, for one, will allow ticket purchases via Meanwhile, the Dubai Land Department (DLD) has opened the door for property tokenization and transactions using Bitcoin, Ether and stablecoins. All of this is making it increasingly practical to buy a home in Dubai with crypto. As such, this guide explains how to purchase property using crypto in 2025, covering regulations, which developers accept digital assets, the Bitcoin house-buying process in Dubai and trends assembling the future of UAE real estate. Did you know? In early 2025, about 3% of all off‑plan real estate transactions in Dubai were conducted using cryptocurrency payments, largely driven by foreign investors. Dubai property crypto laws Dubai's crypto real estate market operates within one of the world's most defined regulatory environments. Since 2022, the Virtual Assets Regulatory Authority (VARA) has overseen exchanges, custodians and brokers, issuing licenses to major providers such as Binance and Nomura's Laser Digital. This framework enables safe crypto transactions for property and supports legal conversion from BTC or ETH into UAE dirhams. At the federal level, the Central Bank of the UAE (CBUAE) enforces the Payment Token Services Regulation, requiring licensed entities to handle all AED or foreign-backed stablecoin conversions. After the August 2025 compliance deadline, all property deals with stablecoins must go through full Know Your Customer (KYC) and source‑of‑funds checks to meet Anti-Money Laundering (AML) rules. For property registration, the DLD mandates that deeds and titles be finalized in UAE dirhams. Even when buyers pay for a villa in Dubai with crypto, the funds must be converted to AED via VARA- or CBUAE‑approved channels before registration. This layered system — VARA oversight, central bank rules and the DLD's fiat requirement — creates a clear legal path for using cryptocurrency for home purchase while ensuring compliance. Legal ways to buy property with Bitcoin Walk into almost any real estate brokerage in Dubai, and they'll be fluent in crypto. Leading developers are now integrating crypto payments into their sales process. Damac Properties allows Bitcoin, Ether and stablecoin payments for luxury off-plan projects, while Emaar, the builder of Burj Khalifa, accepts digital assets on select developments. Nakheel, known for Palm Jumeirah, supports crypto for sales and rentals through partners like Hayvn. Digital platforms add another layer of infrastructure. Brokerages convert digital assets into AED for clients, handling regulatory steps behind the scenes. The DLD's collaborations with and Prypco go further, building an ecosystem for Dubai property tokenization in 2025, fractional ownership and compliant crypto-to-AED payments. There's certainly a functional landscape in 2025 for anyone wanting to buy an apartment in the UAE with crypto, with developers, payment processors and regulators now aligned on a secure, legal process. Did you know? Dubai's regulatory free zones, such as the Dubai International Financial Centre and the Abu Dhabi Global Market, have rolled out comprehensive frameworks, such as the Crypto Token regime, with stablecoins USDC and EURC officially recognized by the Dubai Financial Services Authority in early 2025. Pay for a villa in Dubai with crypto: Which cryptocurrencies are accepted? The most widely accepted coins for Dubai property purchases are Bitcoin and Ether. Developers favor these assets for high‑value transactions, while Dubai real estate deals in ETH are becoming common for upscale projects. Stablecoins such as Tether's USDt and USDC are also key, providing price stability and helping buyers lock in value when using USDT for Dubai home purchases. Acceptance terms vary by developer; some deals limit which tokens can be used or require partial AED payment. Buyers should confirm early which coins are eligible and whether conversion to AED will be necessary before transfer of ownership. How to purchase property using crypto in Dubai If you want to buy property in Dubai with crypto, follow this simplified process. Choose a crypto-experienced real estate agent Work with agencies like Engel & Völkers Dubai or Crypto‑ which structure contracts for legal crypto payment in UAE property deals. Firms like Provident Estate also handle luxury sales for crypto investors. There are plenty available. Negotiate the contract Ensure the agreement states that payment may originate in BTC, ETH or stablecoins but will be converted into AED before registration. Convert crypto to AED Use licensed providers (such as Rain, Binance UAE or other crypto escrow services in Dubai) to convert your funds. Some crypto payment processors also offer guaranteed exchange rates, instant fiat conversion and built-in compliance tools, making it easier for buyers in the UAE to use crypto for property and mortgage transactions. Complete compliance checks Be ready for full KYC, source‑of‑funds documentation and onchain wallet verification, which are required under UAE law. Register the sale Finalize the title deed with the DLD. Even when you pay for a villa in Dubai with crypto, all official paperwork will show AED to ensure enforceability. This process balances innovation with regulatory certainty, making it possible to complete a house-buying process in Bitcoin that Dubai buyers can trust. Advantages of using cryptocurrency for a home purchase There are tangible advantages to using cryptocurrency for home purchases in Dubai. Speed and efficiency Crypto payments settle in minutes to hours unlike international wire transfers. Licensed providers such as CryptoProcessing by CoinsPaid handle conversions instantly, helping buyers pay for a villa in Dubai with crypto without delays. Global accessibility Digital assets bypass currency restrictions, giving overseas investors direct access to Dubai real estate without navigating complex banking systems. Lower transaction costs Traditional transfers can cost 2%-5% in fees. Crypto transactions typically fall closer to 1% or less, reducing costs for high-value deals like when you buy an apartment in the UAE with crypto. Transparency and traceability The blockchain ledger records every transaction, offering regulators and buyers an auditable trail — an important safeguard for safe crypto transactions for property. These benefits make crypto a practical payment tool, particularly for luxury properties and international buyers seeking faster, cheaper and verifiable transfers. Did you know? In 2025, 30% of Dubai's ultra-high-net-worth individuals (UHNWIs) held cryptocurrency assets, fueling demand for crypto‑friendly property deals. UAE crypto real estate guide: Risks and mitigation Despite progress, buying a home in Dubai with crypto carries risks that must be managed carefully. Crypto volatility Bitcoin and Ether prices fluctuate, which can affect the final property cost. Buyers can minimize this by using property deals with stablecoins like USDT or by fixing an exchange rate in the contract. Regulatory flux Dubai's crypto rules evolve quickly. Changes to Dubai property crypto laws could affect payments or settlement terms, so buyers should monitor VARA and central bank updates. Platform- and infrastructure-based risks Only work with licensed providers such as Rain or CryptoProcessing by CoinsPaid. Using unregulated services raises fraud and insolvency exposure, undermining the legal crypto payment in UAE transactions. AML and legal scrutiny Unclear fund sources or shell structures invite investigation. Maintain full KYC records and verifiable wallet histories and use regulated escrow or crypto escrow services Dubai offers to avoid compliance issues. With the right precautions, crypto property deals can be conducted securely and legally. Emerging trends: The Bitcoin house-buying process in Dubai Dubai is moving beyond payments toward a fully digital property market. Property tokenization is gaining traction. Platforms like Prypco Mint now sell fractional shares of villas as blockchain tokens. One 1.75-million-AED property sold out in five minutes to over 160 buyers. Institutional adoption is accelerating. Damac's $1-billion partnership with Mantra signals that tokenized projects are shifting from niche offerings to mainstream investment. Integrated ecosystems are forming. Collaborations between the DLD, and Prypco combine verification, custody and settlement, laying the foundation for a regulated digital marketplace. Together, these trends point to a future where investors can buy real estate in Dubai with crypto or trade tokenized properties as easily as transferring funds between wallets — provided the transactions go through licensed channels. Source:
Yahoo
3 days ago
- Business
- Yahoo
OKX Introduces Regulated Crypto Derivatives for Retail Traders in UAE
OKX says it is the first global crypto exchange to launch regulated derivatives products for retail traders in the United Arab Emirates (UAE), offering access to futures, perpetual contracts, and options with up to 5x leverage. The launch falls under the Virtual Assets Regulatory Authority (VARA)'s pilot framework, which allows select platforms to test innovative financial products in a controlled environment. OKX's new offering opens tools previously available only to professional traders, giving retail participants ways to hedge, speculate, or diversify strategies in volatile market conditions. 'This is a pivotal moment,' said Rifad Mahasneh, CEO of OKX MENA in a statement. 'Retail investors in the UAE have asked for more robust tools, and we're delivering that within a regulated framework designed to protect them.' Crypto derivatives have become a hot area of focus with big exchanges buying up derivatives platforms and a number of new offerings coming to market. OKX has also introduced educational materials and Arabic-language support aimed at improving investor literacy around leverage and derivatives, according to a press release. The launch underscores Dubai's growing appeal as a global crypto hub, driven by clear regulations and infrastructure aimed at balancing innovation with investor protection. Since entering the UAE market, OKX has partnered with regional Web3 projects and worked alongside regulators to shape policy. The exchange's expansion marks a shift in access, allowing retail users to participate in markets once reserved for institutional players. Sign in to access your portfolio
Forbes
22-07-2025
- Business
- Forbes
How To Launch An RWA Tokenization Project In Dubai In 2025
VARA CEO Matthew White discussed the need for harmonized regulations at Hong Kong Fintech Week 2024 Real-world asset (RWA) tokenization is evolving from early security token offering (STO) experiments into a mainstream financial trend, and Dubai is leading the regulatory charge. With a newly introduced framework for issuing and trading asset-referenced tokens and political will to embed virtual assets into the capital markets, Dubai has great potential to become a global hub for asset issuers looking to tokenize everything from real estate and commodities to art and intellectual property. Despite years of industry enthusiasm, the first wave of STOs largely failed, not due to lack of vision, but because most jurisdictions lacked the legal infrastructure to support them. There was minimal clarity on how tokenized assets should be issued, and most importantly, there were no functional secondary markets, which also required a legal base to exist. This was a proverbial catch-22 that Dubai has just solved. With the release of an updated virtual assets issuance rulebook by the Virtual Assets Regulatory Authority (VARA), RWA tokenization has shifted from concept to execution. For the first time globally, there is a truly end-to-end framework, governing issuance, custody, and trading, that allows RWA products to be launched, distributed, and scaled within a clear and enforceable regulatory perimeter. As Matthew White, CEO of VARA, confirmed to me in a recent conversation: 'The tokenisation of real-world assets is a policy priority for VARA, we see it as the foundation for a new kind of financial system, reflective of Dubai's broader ambition to be a leading global centre for digital finance under the D33 economic agenda.' The Timing And The Infrastructure Finally Align Beyond regulatory clarity, Dubai's momentum in RWA tokenization is being fuelled by global shifts in capital markets and investor appetite for transparency, efficiency, and broader access. As institutional interest grows and infrastructure matures, tokenized real-world assets are becoming the natural convergence point between traditional finance and technology innovation. 'Tokenization can unlock liquidity and create new capital flows, but only if done right,' explains Juliet Su, Managing Partner of NewTribe Capital. 'In the UAE, the regulatory frameworks are in place, but the success of a particular issuance depends on knowing what you are tokenizing, why you are tokenizing it, and how to plug into the right surrounding infrastructure. It's not enough to just issue a token, it's about aligning it with the market demand. That's how we can unlock the trillion-dollar opportunity to bring real assets on-chain.' This founder-first perspective is directly aligned with VARA's policy stance, which emphasizes substance over symbolism. As White elaborated, the regulator is focused on approving RWA projects 'where tokenisation offers clear, additive benefits, such as increased transparency, improved market efficiency, or broader investor access. Real estate has been an early focal point, not only because of its significance to Dubai's economy, but also due to the tangible benefits tokenisation can unlock, from faster settlement cycles to expanded fractional ownership allowing for democratised access.' This convergence of decisive public policy and economic relevance is what positions Dubai as a functional RWA jurisdiction. Dubai's RWA Tokenization Ecosystem Is Growing A fast-growing ecosystem of regulated players is also an interesting development. From tokenization platforms and broker-dealers to custodians, legal advisors, auditors, and infrastructure providers, a full-stack market is quickly taking shape. The new regulations are barely eight weeks old, yet we already see a coordinated movement of asset owners, regulators, and infrastructure builders working in tandem. The market is maturing fast, and the pace of new regulated platforms launches reflects the real momentum. The chart below maps out the key players shaping Dubai's RWA landscape, visually highlighting the nascent but rapidly expanding network. It offers founders and investors a clearer view of how to navigate the ecosystem and partner with the right stakeholders as they build and scale. UAE RWA Tokenization ecosystem map Which Real-World Assets Fall Under VARA in the UAE? While VARA offers the most comprehensive regulatory framework for RWA tokenization in the UAE, it does not apply to all asset types. Understanding which assets fall under VARA regulations and which fall under the jurisdiction of other regulators is essential for any project considering a launch in the UAE. Suppose you are tokenizing a traditional security, such as company shares, bonds, debt instruments, or oil futures contracts. In that case, your project falls under the jurisdiction of the Securities and Commodities Authority (SCA), the UAE's federal securities regulator. Likewise, any tokenized version of the UAE Dirham, being the only legal tender in the UAE, is regulated by the UAE Central Bank, which oversees the broader monetary policy and payment systems. The UAE operates a multi-regulator virtual asset environment, with five distinct authorities: VARA, SCA, the Central Bank, and the financial regulators of 2 financial free zones operating under English common law. Each has its own licensing regime, asset classification, and enforcement powers. Even the most seasoned founders can misjudge the boundaries of these regimes. That is why each project before launch should go through a regulatory assessment. For a detailed breakdown of how these authorities interact, the Chambers and Partners UAE Blockchain and Virtual Assets Legal Guide 2025 offers a valuable resource. Legal Structuring Is Your Launch Strategy Despite the presence of clear rules, launching an RWA project in Dubai is a complex process that requires nuanced legal structuring, capital adequacy, and strategic jurisdictional considerations. 'Founders often underestimate how jurisdictional complexity impacts go-to-market strategy,' says Anton Golub, a veteran builder and advisor to RWA Projects. 'Whether you are launching as a broker-dealer, an issuer, or under a sponsored regime, your legal structure determines everything, from investor access to token liquidity.' There is no one-size-fits-all approach. Launching an RWA project in Dubai requires founders to treat legal structuring and virtual asset service provider (VASP) licensing compliance as a core part of their product and capital formation strategy. Any project seeking to issue, trade, or enable investment into tokenized real-world assets in or out of Dubai must obtain the correct VASP license and meet high standards around governance, custody, and investor protections. When I asked White about the regulatory philosophy behind RWA projects, he explained that VARA is not interested in imposing a single structure, but in ensuring that any offering, whether from a traditional financial institution or a Web3-native team, demonstrates clear compliance with the regulations and operational resilience. In his words, 'Our objective is not to prescribe a singular architecture but to ensure every offering meets our clear standards for governance, custody, and transparency.' That means founders must make structuring decisions early, before building out platform mechanics, product features, or taking investor funds. The rules of the game are known, and the Dubai's virtual assets regulator expects participants to play like professionals. RWA Tokenization licensing roafmap for founders RWA Regulated Marketplaces High Entry Bar For those building platforms that issue and trade tokenized assets, the highest regulatory standards are imposed. Such projects must obtain a broker-dealer or exchange license and Category 1 ARVA issuer license from VARA. These licenses grant control over the entire tokenization lifecycle, including primary issuance, secondary market trading, and beyond. However, that level of licensing requires a significant degree of operational readiness. For Category 1 issuing license projects must meet the minimum capital requirements of AED 1.5 million, or 2% of the value of virtual assets held, whichever is higher. For a broker-dealer or exchange license, the capital requirements are up to 25% of fixed annual overheads, which can run into multiple of millions. The entity must be domiciled in mainland Dubai or an approved Free Zone, such as the Dubai Multi Commodities Centre with their dedicated Crypto Centre, and must operate under the continued supervision of VARA. A full compliance function is mandatory, including the appointment of a compliance officer, a money laundering reporting officer, and at least two executive directors. A physical office, robust cybersecurity systems, AML/KYC protocols, regular audits, and ongoing regulatory reporting are also required. Licensing fees per category are AED 100,000 and AED 200,000 for annual supervision. The whole licensing process, including legal structuring and regulator engagement, typically takes nine months or more. This path is not for faint-hearted builders. It's for serious operators who understand that tokenization is not just a technological upgrade, but a regulated product subject to scrutiny and accountability. As such, this raises a question of whether such highly prescribed rules will impede Web3-native innovation. However, White assured in our discussion, 'We are testing where institutional-grade rigour must be enforced, and where flexibility can be introduced to accommodate emerging innovations. Web3-native platforms that can meet these benchmarks… are welcome participants in Dubai's evolving virtual asset ecosystem.' A case in point is Ctrl Alt, launched in May 2025. It is the first licensed real estate tokenization platform in the MENA region, allowing users to invest in fractional property shares starting from AED 2,000. Through its collaboration with the Dubai Land Department, Ctrl Alt has become a live demonstration of how Web3 native platform can bring real estate ownership on-chain without sacrificing regulatory integrity. Sponsored Regime: Fast-Track Entry Not every founder needs to begin with a full-stack license. For early-stage teams testing product-market fit, the 'sponsored regime' model offers a more accessible entry point. This structure allows startups to operate under the umbrella of an existing licensed VASP. The advantages are clear. Founders can reduce initial costs, shorten their go-to-market timeline, and test real-world demand for their product, all while remaining under regulatory cover. While the responsibility for compliance, custody, and infrastructure remains with the sponsor VASP, the startup gains the ability to focus on product development and user adoption. That said, this model is not a shortcut. Founders must still produce compliant documentation, maintain operational discipline, and align closely with their sponsoring entity. The sponsor ultimately controls the brand interface with regulators and users alike. For this reason, choosing the right VASP partner is one of the most critical strategic decisions a project can make. A Model for RWA Asset Issuers Asset owners, such as property developers, luxury asset managers, and commodities traders, who want to bring their holdings on-chain but do not intend to run a trading platform, can find a more focused solution in Dubai. These projects can apply for a standalone Category 1 ARVA license for token issuance only. This leaner structure allows asset owners to legally issue tokens backed by real-world assets while outsourcing custody, trading, and settlement functions to third-party licensed platforms. The process requires a detailed whitepaper, risk disclosures, governance protocols, and a full compliance team, which I believe to be an onerous requirement since RWA tokens can only be distributed via regulated broker-dealer or exchanges, that have own compliance policies and personnel. Perhaps this requirement is something where a flexibility can be afforded in the future by VARA. The regulatory burden is arguably lighter than that of a broker-dealer. It is a more streamlined structure that allows each party to specialize - asset originators focus on creating yield and managing their products, while licensed brokers handle the distribution. For companies that prefer not to engage in licensing efforts at all, there is also the option to outsource tokenization to regulated entities. By partnering with an existing holder of Category 1 licensed issuer, asset owners can tokenize under the partner's license and infrastructure. The issuer manages legal compliance, smart contract deployment, and distribution channels, while the asset originator focuses entirely on capital formation and product delivery. As Anton Golub described it to me, 'We're entering an era where tokenization becomes modular. You don't need to control the whole stack. Asset originators can focus on sourcing yield, while licensed partners handle issuance, custody, and compliance. This specialization is what will allow RWAs to scale.' Dubai's RWA Tokenization Market Is Live As of mid-2025, the total value of tokenized real-world assets on-chain has surpassed $25 billion, according to When stablecoins, tokenized representations of fiat, are included, that number exceeds $250 billion. However, this is just a sliver of the $800 trillion in global real-world assets, indicating that the market is still in its infancy. Dubai stands out as one of the few jurisdictions where regulatory clarity, infrastructure, and capital formation converge. However, this market is not for the faint of heart, nor unprepared founders. With high regulatory, operational, and living costs, Dubai ranks as the seventh most expensive city globally. As a result, founders must carefully align their token design, legal architecture, and commercial model before launch to avoid wasting time. 'At a minimum, compliant tokenization projects must be able to demonstrate transparent disclosures, independent custody, real-time verifiability, smart contract integrity, and robust governance', White noted. These are not aspirational guidelines; they are non-negotiables. Dubai has done its part. Now it is time for builders to tokenize everything and trade it on chain, just like we ourselves prophesied back in 2018. Disclaimer: I am a practicing crypto lawyer in the UAE. As part of my legal practice, I provided consulting to UAE government entities and relevant crypto companies.
Gulf Business
18-07-2025
- Business
- Gulf Business
PRYPCO Mint hits Dhs9m in tokenised property sales in first month
Image: Supplied/ Prypco Mint PRYPCO Mint, the MENA region's first real estate tokenisation platform, has crossed Dhs9m in tokenised property investments within a Licensed by Dubai's Virtual Assets Regulatory Authority ( The platform enables fractional ownership of premium properties, making real estate more accessible through blockchain technology. PRYPCO Mint has struck a chord with investors Since going live, PRYPCO Mint has attracted investors from over 50 nationalities living in the UAE. Properties listed on the platform are fully funded in minutes, with an average funding Among the standout investments are a unit in Sobha Creek Vistas Grande, which was funded in 10 minutes by 213 investors from 38 nationalities, and a unit in Liv Residence, Dubai Marina, funded in 3 minutes by 258 investors from 47 nationalities. Average investment sizes were Dhs7,512 and Dhs7,210, respectively. 'This momentum shows just how strongly the market is moving toward tokenised real estate,' said Amira Sajwani, founder and CEO of PRYPCO. 'Investors are looking for transparency, flexibility, and access to high-value markets with lower entry barriers.' With government backing and regulatory clarity, PRYPCO Mint is positioning itself as a frontrunner in digital property ownership in the UAE.
