US EditionXRP Blockchain To Power Fractional Ownership In Dubai Properties Starting At $545
- The Dubai Land Department launched Prypco Mint on Sunday, enabling fractional ownership of Dubai properties starting at AED 2,000 .
- This platform launch is part of an official effort led by government authorities to transform the real estate sector through digitization and the use of XRP Ledger blockchain technology for tokenization.
- Prypco Mint allows UAE ID holders to invest using dirhams only, with regulatory oversight from the UAE Central Bank, VARA, and Dubai Future Foundation.
- The Dubai Land Department projects tokenized assets could represent up to 7% of Dubai’s real estate market valued at AED 60 billion by 2033.
- The initiative aims to widen market access, support innovation, and reinforce Dubai’s leadership in real estate through a transparent and regulated digital economy.
34 Articles
34 Articles
XRP Blockchain To Power Fractional Ownership In Dubai Properties Starting At $545
The Dubai Land Department launched an XRP Ledger (CRYPTO: XRP)-based tokenized real estate platform on Sunday as part of a government-backed initiative to digitize real estate in the Emirati city. What Happened: The government-run entity collaborated with real estate fintech firm Prypco to create the “Prypco Mint” platform, according to a press release. The project will allow investors to acquire fractional ownership in Dubai properties using lo…
Emirates24|7
ZawyaDLD launches the MENA’s first tokenized real estate project through the ‘Prypco Mint’ platform
: In a landmark move that reinforces Dubai’s leadership in the real estate sector and harnesses cutting-edge technologies to advance property investment, Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the ‘Prypco Mint’ platform. The initiative is being implemented in partnership with Prypco, in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the …
What is XRP At Today? Dubai Launches New XRP Venture
What is XRP at today? Well, Dubai is turning real estate into code. Backed by a $16 billion plan built on the XRP Ledger, the city’s new property tokenization platform will let investors buy slivers of buildings like they buy crypto. XRP is still standing after all the lawsuits and clown takes. Boomers love it, banks tolerate it, and it won’t die. That’s something. The goal is to shift property ownership from paperwork to blockchain, with $16 bi…
Ripple Price Slides On Dubai’s Prypco Mint Launch - CME Group (NASDAQ:CME)
Ripple XRP/USD slipped 1.33% to $2.30 on Tuesday after the Dubai Land Department rolled out Prypco Mint, its government-backed real estate tokenization platform on the XRP Ledger. The move marks a milestone in on-chain property ownership but failed to spark immediate buying interest. Dubai Land Department rolled out Prypco Mint, the emirate’s first government-backed real estate tokenization platform built on the XRP Ledger. It lets United Arab E…
Dubai's Real Estate Tokenisation Pilot Goes Live on Prypco Mint
The announcement highlighted that the Prypco Mint platform offers investors access to detailed property information — including pricing, risk factors, technical specifications, and minimum investment requirements — ensuring full transparency and enabling informed decision-making.
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