PRYPCO report outlines liquidity strategies for the next phase of real estate tokenization
RWA Signal Insight
Real EstatePRYPCO Mint, a Dubai-based real estate tokenization platform, has released a research report detailing strategies to improve liquidity in tokenized property markets. The report, titled 'Building Liquidity in Tokenized Real Estate', draws on sixteen months of operational data from its partnership with the Dubai Land Department (DLD) and contributions from VARA, Fireblocks, and LayerZero. Since its May 2025 launch, the platform has facilitated over AED 18.65 million in investments across ten residential properties, attracting 2,600 investors. The study identifies an 'illiquidity tax'—comprising transaction fees and price opacity—that tokenization aims to mitigate by enabling faster, more transparent secondary market exits. By connecting digital tokens directly to the DLD registry, PRYPCO Mint has reduced property ownership transfer times from weeks to approximately 5–10 minutes. The report outlines seven essential conditions for market maturity, including real-time valuations, interoperability, and robust settlement systems. This research serves as a framework for international regulators and institutions seeking to bridge the gap between digital ownership and liquid, tradable real estate assets.
Key points
- PRYPCO Mint facilitated AED 18.65 million in investments across ten properties since May 2025.
- Tokenized property transfers on the DLD registry now take 5–10 minutes versus traditional weeks.
- The report identifies seven requirements for liquidity, including interoperability, market-making, and real-time valuations.
- Over 2,600 investors from 50 nationalities participated, with 70% being first-time Dubai property investors.
Background
PRYPCO Mint is a MENA-based platform that tokenizes real estate by partnering directly with government land registries to ensure digital tokens represent legally recognized property titles. It operates under the regulatory oversight of Dubai's Virtual Assets Regulatory Authority (VARA). The platform allows fractional ownership of residential properties, lowering the barrier to entry for retail investors.