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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
