The Dubai Land Department reported that its second tokenized project on the “PRYPCO Mint” platform was fully funded in a record-breaking one minute and 58 seconds, drawing 149 investors from 35 different countries. This historic achievement further solidifies Dubai’s leadership in the real estate industry.
The waiting list now has over 10,700 investors due to the extraordinary demand, which reflects the emirate’s growing confidence and keen interest in digital real estate ownership alternatives.
This continuous success demonstrates the platform’s efficacy, since it has been formally accredited under the Property Tokenization Initiative of the Dubai Land Department. PRYPCO Mint is raising the bar for market accessibility by providing investors with easy and affordable ways to buy shares in ready-to-move-in houses.
The platform is contributing to the development of a future in which tokenized assets are anticipated to play a major role in Dubai’s real estate market by 2033 as it grows its partnerships and projects.
In light of this momentum, the Dubai Land Department encourages those who are interested to register as soon as possible and create accounts in order to benefit from future offerings before they sell out and open up investment opportunities in one of the most vibrant and cutting-edge real estate markets in the world.