UAE-based PropTech platform PRYPCO announced on Tuesday that it signed a Memorandum of Understanding with the Georgia Ministry of Justice, taking a key step toward building a secure and compliant framework for real estate tokenization in the country.
The agreement establishes a strategic framework of cooperation between the parties to explore, develop and implement an innovative real estate tokenization initiative in Georgia.
The collaboration reflects a shared ambition to modernize real estate processes, strengthen investor confidence and position Georgia as a progressive, innovation-friendly jurisdiction for digital investment and next-generation property infrastructure.
Enabling secure, transparent and compliant tokenization of real estate rights
PRYPCO and Georgia’s Ministry of Justice will collaborate to drive legal and technological innovation in the real estate sector, improve regulatory clarity and attract both domestic and international investment. The partnership also aims to enable secure, transparent and compliant tokenization of real estate rights in line with Georgian law.
This public-private initiative combines government oversight with private-sector expertise and aligns with Georgia’s broader goals to modernize its legal and economic frameworks, foster responsible digital transformation and become a competitive hub for technology-driven investment.
“This MoU reflects a shared belief that the future of real estate lies in trust, transparency and technology-enabled access. By working closely with the Ministry of Justice of Georgia, we are laying the groundwork for a responsible and compliant approach to real estate tokenization, one that strengthens investor confidence, supports regulatory clarity and unlocks new opportunities for global participation,” said Amira Sajwani, Founder and CEO of PRYPCO.
Key milestone in PRYPCO’s international expansion
The MoU underscores Georgia’s commitment to adopting digital solutions while upholding strong governance and legal oversight, positioning the country as a potential model for other jurisdictions aiming to balance innovation with regulatory responsibility in the evolving digital asset and real estate space.
“This cooperation with PRYPCO represents an important step in Georgia’s efforts to modernize its real estate and legal infrastructure. By exploring innovative approaches such as real estate tokenization within a clear regulatory framework, we aim to enhance transparency, strengthen investor protection, and increase confidence in Georgia as a secure and progressive investment environment,” said His Excellency Paata Salia, Minister of Justice, Georgia.
“Public-private partnerships of this nature are essential to ensuring that technological innovation develops in line with the rule of law and international best practices,” Salia added.
For PRYPCO, the agreement represents a key milestone in its international expansion and its mission to collaborate with regulators and governments to shape the future of real estate ownership and investment. As global interest in tokenizing real-world assets grows, PRYPCO emphasizes compliance, collaboration, and long-term value creation across markets.
