PRYPCO Mint, the MENA region’s first real estate tokenization platform, has successfully raised funds for a two-bedroom apartment in Park Ridge Tower C, Dubai Hills, marking the highest number of investors for a single property on its platform.
Investor participation details
The property, valued at Dhs 2.4 million, attracted 326 investors from 51 different countries. The average investment was Dhs 7,362, with nearly half (49.39%) being returning investors. The offering included an estimated 14.39% instant appreciation for investors.
Partnership and platform technology
PRYPCO Mint operates in partnership with the Dubai Land Department (DLD) and is licensed by the Virtual Assets Regulatory Authority (VARA). The platform allows fractional ownership starting from as low as Dhs 2,000, aiming to improve accessibility and inclusivity in real estate investments.
Amira Sajwani, Founder and CEO of PRYPCO, commented: “Achieving the highest number of investors in a single property to date is a powerful validation of what we’re building at PRYPCO Mint. We’re seeing growing confidence in fractional ownership, and this momentum only fuels our drive to innovate and scale further.”
Blockchain-enabled real estate
Built on Ctrl Alt’s Web3 infrastructure and powered by Ripple’s XRP Ledger blockchain, PRYPCO Mint offers secure and transparent digital real estate transactions. The platform’s banking partner, Zand Digital Bank, supports its operations as part of Dubai’s push to become a regional leader in blockchain-enabled property investment.
