UAE Proptech Pioneer PRYPCO Brings Real Estate Tokenization to Georgia in 2026
- What Is PRYPCO’s Real Estate Tokenization Model?
- Why Is Georgia Partnering with PRYPCO?
- How Will Tokenization Benefit Georgia’s Real Estate Market?
- What Are PRYPCO’s Expansion Plans?
- Industry Reactions to the Partnership
- FAQs About PRYPCO’s Tokenization Model
PRYPCO, the UAE's first licensed real estate tokenization platform, is expanding its innovative model to Georgia through a landmark agreement with the Georgian Ministry of Justice. The partnership aims to modernize property procedures, boost investor confidence, and position Georgia as a hub for digital asset innovation. With successful tokenized projects already attracting global investors, PRYPCO’s MOVE signals a major step in blockchain-based real estate development.
What Is PRYPCO’s Real Estate Tokenization Model?
PRYPCO, via its subsidiary PRYPCO Mint, has pioneered tokenizing property certificates in collaboration with Dubai’s Land Department, the Virtual Assets Regulatory Authority (VARA), and Ctrl Alt Blockchain. Their first tokenized property certificate drew 224 investors from over 40 countries, with an average investment of $2,900. Since then, multiple tokenized real estate projects have been listed, all meeting overwhelming demand.
Why Is Georgia Partnering with PRYPCO?
Georgia’s Ministry of Justice signed a Memorandum of Understanding (MoU) with PRYPCO to explore and implement real estate tokenization. The signing ceremony was attended by Georgian Prime Minister Irakli Kobakhidze, Justice Minister Paata Salia, and PRYPCO’s founder/CEO Amira Sajwani. The collaboration aims to enhance regulatory clarity, promote legal-tech innovation, and attract international investments by digitizing property rights securely and transparently.
How Will Tokenization Benefit Georgia’s Real Estate Market?
Georgia seeks to modernize its property infrastructure, leveraging blockchain to improve efficiency and trust. The MoU outlines joint efforts to develop a regulatory framework for tokenized assets, aligning with Georgia’s progressive stance on digital investment. PRYPCO’s CEO emphasized that this initiative will open new opportunities for global investors, calling Georgia a "natural partner" due to its innovative policies.
What Are PRYPCO’s Expansion Plans?
In 2025, PRYPCO secured an undisclosed pre-Series A funding round led by General Catalyst to expand across the Middle East, North Africa, and beyond. The Georgia deal marks a strategic milestone in this growth. The UAE’s expertise in virtual assets is also being shared globally, as seen in recent advisory roles for Pakistan, where Binance explored tokenizing up to $2 billion in sovereign bonds and commodities.
Industry Reactions to the Partnership
Justice Minister Paata Salia highlighted the MoU as pivotal in Georgia’s efforts to become a secure, dynamic investment destination. Meanwhile, PRYPCO’s Amira Sajwani noted the alignment with their global government-collaboration strategy. The UAE’s proactive role in blockchain adoption continues to set benchmarks, with DAMAC and Binance also contributing to international knowledge-sharing.
FAQs About PRYPCO’s Tokenization Model
What is real estate tokenization?
Tokenization converts property rights into digital tokens on a blockchain, enabling fractional ownership and streamlined transactions.
How does PRYPCO ensure regulatory compliance?
PRYPCO works closely with authorities like Dubai’s VARA and Georgia’s Ministry of Justice to align tokenization with local laws.
What’s next for PRYPCO?
Expansion into new markets and further development of tokenized real estate projects, backed by its 2025 funding round.
