Dubai launches real estate tokenization platform Prypco Mint, allowing investors to invest a minimum of $540 to participate in the Dubai real estate market

According to Tokocrypto, Dubai's Department of Land (DLD) has launched the real estate tokenization platform Prypco Mint, which is developed by Ctrl Alt for the underlying infrastructure. The platform divides physical properties into digital tokens on the blockchain, and investors can invest a minimum of $540 to participate in the Dubai real estate market. The platform has been directly integrated with the Dubai Land Department system to ensure synchronization between blockchain records and traditional land registration. Dubai plans to achieve real estate asset tokenization worth $16 billion by 2033, allowing more investors to enter the Dubai real estate market by lowering investment barriers and increasing liquidity.