
Joseph El Am, General Manager of Prypco, joins the blockCAST podcast to discuss the tokenization of real-world assets in Dubai and the UAE. El Am explains how Prypco tokenizes real estate title deeds in partnership with the Dubai Land Department, allowing fractional ownership without traditional SPVs. This process involves integrating with the Dubai Land Department, which tokenizes the title deed itself, and minting an RWA token regulated by VARA to manage ancillary rights like yield and property management. The platform aims to democratize real estate investment, offering a marketplace for token holders to buy and sell shares, with a long-term vision of increased liquidity and accessibility. Prypco also emphasizes financial education, providing wellness programs to companies and universities to promote better personal finance practices.
Sign in to continue reading, translating and more.
Continue