PRYPCO Expands Its Revolutionary Real Estate Tokenization Model from UAE to Georgia
- Why Is PRYPCO’s Entry into Georgia a Big Deal?
- What Does This Partnership Entail?
- How Will Tokenization Benefit Georgia?
- PRYPCO’s Track Record: Why Trust Them?
- The Bigger Picture: UAE’s Role in Global Proptech Innovation
- What’s Next for PRYPCO and Georgia?
- FAQs
PRYPCO, the UAE-based Proptech platform, is bringing its groundbreaking real estate tokenization model to Georgia through a strategic partnership with the Georgian Ministry of Justice. This collaboration aims to modernize Georgia's property sector, enhance investor confidence, and position the country as a hub for digital innovation. With successful tokenized projects already under its belt, PRYPCO is set to transform Georgia's real estate landscape.
Why Is PRYPCO’s Entry into Georgia a Big Deal?
PRYPCO isn’t just another fintech company—it’s a disruptive force in the real estate tokenization space. After successfully tokenizing over 224 property certificates in the UAE with an average investment of $2,900 per investor, the company is now expanding its footprint to Georgia. This strategic MOVE was formalized during a high-profile signing ceremony attended by Georgia’s Prime Minister Irakli Kobakhidze and Justice Minister Paata Salia, alongside PRYPCO’s founder and CEO, Amira Sajwani.
The partnership between PRYPCO and the Georgian Ministry of Justice aims to modernize the country’s real estate sector through blockchain-based tokenization. Georgia sees this collaboration as an opportunity to enhance investor confidence, streamline property processes, and position itself as a hub for digital innovation in real estate. The initiative will focus on creating a clear regulatory framework for tokenized assets while ensuring compliance with local laws.
Key aspects of the partnership include:
| Objective | Impact |
|---|---|
| Legal and technological innovation | Modernizing Georgia’s real estate infrastructure |
| Regulatory clarity | Boosting domestic and international investments |
| Secure tokenization | Enabling transparent property transactions |
Amira Sajwani emphasized that Georgia’s forward-thinking policies make it an ideal partner for PRYPCO’s global expansion strategy. Meanwhile, Justice Minister Paata Salia highlighted the collaboration as a step toward strengthening Georgia’s reputation as a secure and progressive investment destination.
This move follows PRYPCO’s Pre-Series A funding round led by General Catalyst in 2025, which aimed to fuel its expansion across the MENA region and beyond. The company’s entry into Georgia also reflects the UAE’s broader strategy of sharing expertise in blockchain and digital assets with global partners.
As the real estate sector evolves, PRYPCO’s tokenization model could set a precedent for how property markets integrate blockchain technology—making this partnership a significant milestone for both Georgia and the broader industry.
What Does This Partnership Entail?
The memorandum of understanding (MoU) between PRYPCO and the Georgian Ministry of Justice focuses on developing a legal and technological framework for real estate tokenization. The goal is to streamline property transactions, boost transparency, and attract both local and international investors. As Amira Sajwani, Founder and CEO of PRYPCO, stated: “Georgia’s forward-thinking policies make it the perfect partner for PRYPCO’s global expansion strategy.”
Key Objectives of the Partnership
- Modernizing Real Estate Processes: The collaboration aims to digitize property rights and interests while ensuring compliance with Georgian laws.
- Enhancing Regulatory Clarity: The initiative will foster legal and technological innovations to improve investor confidence.
- Attracting Investments: By tokenizing real estate assets, Georgia seeks to position itself as a hub for digital investments.
Why Georgia?
Georgia’s progressive stance on blockchain and digital assets aligns with PRYPCO’s vision. The country’s commitment to innovation was evident during the signing ceremony, attended by high-profile officials, including Prime Minister Irakli Kobakhidze and Justice Minister Paata Salia. Minister Salia emphasized that this partnership strengthens Georgia’s reputation as a secure and advanced investment destination.
PRYPCO’s Track Record
PRYPCO has already made waves in the UAE with its licensed real estate tokenization platform, PRYPCO Mint. Its partnership with Dubai’s Land Department and Virtual Assets Regulatory Authority (VARA) has successfully tokenized property certificates, attracting investors from over 40 countries. The company’s Pre-Series A funding round in 2025, led by General Catalyst, further solidified its expansion plans.
Global Implications
This agreement reflects the UAE’s strategy to share its expertise in blockchain and tokenization globally. Similar initiatives, such as consultations with Pakistan and collaborations with Binance, highlight the growing adoption of digital asset frameworks worldwide.
| Initiative | Impact |
|---|---|
| PRYPCO-Georgia MoU | Legal framework for real estate tokenization |
| UAE-Pakistan Consultations | Advisory on virtual assets and blockchain |
| Binance-Pakistan Agreement | Exploration of tokenized bonds and commodities |
This partnership marks a significant step in merging traditional real estate with cutting-edge blockchain technology, paving the way for a more transparent and efficient property market.
How Will Tokenization Benefit Georgia?
PRYPCO and Georgia’s Ministry of Justice Forge Landmark Tokenization Partnership
In a strategic move to revolutionize property markets, PRYPCO has joined forces with Georgia’s Ministry of Justice to implement blockchain-powered real estate solutions. The collaboration, formalized at a high-level signing ceremony, seeks to establish Georgia as a pioneer in digital asset innovation while modernizing its property sector.
Transformative Advantages of Tokenized Real Estate
This initiative brings multiple groundbreaking benefits to Georgia’s property landscape:
| Innovation | Outcome |
|---|---|
| Decentralized Verification | Eliminates intermediaries through smart contract automation |
| Fractional Ownership | Democratizes access to premium real estate investments |
| Cross-Border Liquidity | Enables 24/7 global trading of property assets |
Georgia’s Digital Transformation Agenda
The partnership reflects Georgia’s commitment to becoming a leader in regulatory innovation for emerging technologies. “This collaboration represents a quantum leap in how we conceptualize property rights and investment accessibility,” stated Justice Minister Paata Salia during the announcement.
PRYPCO’s Global Expansion Momentum
Building on its UAE success where it pioneered compliant property tokenization frameworks, PRYPCO brings proven technical infrastructure and regulatory expertise to Georgia. The company’s recent capital injection from prominent investors underscores market confidence in its expansion strategy.
Future-Focused Property Markets
The initiative establishes Georgia as a testing ground for next-generation real estate models, combining blockchain transparency with government-backed legal frameworks. This synergy between technological innovation and progressive policymaking creates a template for other nations to follow in the digital asset era.
PRYPCO’s Track Record: Why Trust Them?
PRYPCO has emerged as a trailblazer in the Proptech sector, with its subsidiary PRYPCO Mint holding the distinction of being the UAE's inaugural licensed real estate tokenization platform. The company's operations are bolstered by strategic alliances with Dubai's Land Department and the Virtual Assets Regulatory Authority (VARA), ensuring adherence to regulatory standards and operational transparency.
Notable Milestones and Strategic Alliances
- Pioneering Tokenization: The company's inaugural tokenized property offering successfully engaged investors from more than 40 nations, with individual investments averaging $2,900.
- Government-Backed Initiative: A formal agreement with Georgia's Ministry of Justice has been established to create a comprehensive framework for property tokenization, endorsed by senior government figures including the Prime Minister and Justice Minister.
- Investment and Growth: The 2025 pre-Series A funding round, spearheaded by prominent investor General Catalyst, has accelerated the company's regional and international growth trajectory.
Distinctive Value Proposition
PRYPCO differentiates itself through a unique combination of regulatory compliance and technological innovation, positioning the company as a reliable leader in property technology. The Georgian collaboration represents a strategic effort to revolutionize traditional real estate systems through blockchain-based solutions, anticipated to draw significant investment interest from domestic and global markets alike.
Company leadership has emphasized the strategic alignment with Georgia's progressive regulatory environment, with the CEO noting the country's suitability for international expansion. Georgian officials have similarly highlighted the partnership's potential to enhance the nation's standing as an innovative investment hub.
International Influence
PRYPCO's initiatives FORM part of a larger UAE strategy to disseminate blockchain expertise internationally. This includes advisory roles in developing nations and collaborative ventures with major financial technology entities, such as recent agreements to explore large-scale asset tokenization in emerging markets.
Through its proven track record and forward-looking approach, PRYPCO continues to redefine real estate investment paradigms, creating novel opportunities for participants in global property markets.
The Bigger Picture: UAE’s Role in Global Proptech Innovation
This MOVE isn’t just about PRYPCO—it’s part of the UAE’s broader strategy to export its fintech and blockchain expertise. From advising Pakistan on virtual assets to exploring tokenized bonds with Binance, the UAE is positioning itself as a global leader in digital finance. PRYPCO’s expansion into Georgia is another step in that direction.
What’s Next for PRYPCO and Georgia?
With the MoU signed, the real work begins. PRYPCO and the Georgian government will now collaborate on pilot projects, regulatory frameworks, and investor outreach. If successful, this partnership could serve as a blueprint for other countries looking to embrace real estate tokenization.
FAQs
What is real estate tokenization?
Real estate tokenization involves converting property rights into digital tokens on a blockchain, enabling fractional ownership and easier trading.
How does PRYPCO’s model work?
PRYPCO’s platform allows investors to buy tokenized shares of properties, offering liquidity and transparency traditionally absent in real estate markets.
Is this partnership legally binding?
The MoU is a commitment to collaborate, but specific legal frameworks will need to be developed to fully implement tokenization in Georgia.
