Dubai has launched a real estate tokenization platform Prypco Mint, allowing investors to participate in the Dubai real estate market with a minimum investment of $540.

According to Mars Finance news on May 27, Tokocrypto reported that the Dubai Land Department (DLD) launched the real estate tokenization platform Prypco Mint, developed by Ctrl Alt with underlying infrastructure. The platform splits physical properties into digital tokens on the blockchain, allowing investors to participate in the Dubai real estate market with a minimum investment of $540. The platform has achieved direct integration with the Dubai Land Department system, ensuring that blockchain records are synchronized with traditional land registration. Dubai plans to achieve $16 billion in real estate asset tokenization by 2033, enabling more investors to enter the Dubai real estate market by dropping investment thresholds and increasing liquidity.