PRYPCO, Georgia Justice Ministry Sign MoU on Real estate Tokenisation

Dubai, UAE: PRYPCO, the UAE-based PropTech and real estate tokenisation platform, has announced the signing of a Memorandum of Understanding with the Ministry of Justice of Georgia, marking a significant step towards establishing a forward-looking, secure and compliant framework for real estate tokenisation in Georgia.

The MoU signing took place in the presence of Irakli Kobakhidze, Prime Minister of Georgia, and Paata Salia, Minister of Justice of Georgia, alongside their delegation, and PRYPCO’s Founder and CEO, Amira Sajwani, together with the company’s leadership team.

A framework for digital real estate innovation

The agreement establishes a strategic framework of cooperation to explore, develop and implement an innovative real estate tokenisation initiative in Georgia. The collaboration reflects a shared ambition to modernise real estate processes, strengthen investor confidence and position Georgia as a progressive, innovation-friendly jurisdiction for digital investment and next-generation property infrastructure.

Under the MoU, PRYPCO and the Ministry of Justice of Georgia will work together to promote legal and technological innovation across the real estate sector, enhance regulatory clarity, encourage both domestic and international investment, and support the secure, transparent and compliant tokenisation or digitisation of real estate-related rights and interests in accordance with Georgian laws and regulations.

Public-private partnership model

The collaboration represents a public-private partnership model that brings together government leadership and private-sector innovation. It also aligns with Georgia’s broader ambition to modernise its legal and economic frameworks, encourage responsible digital transformation and position itself as a competitive destination for technology-enabled investment.

Commenting on the signing, Amira Sajwani, Founder and CEO of PRYPCO, said:

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. Georgia’s openness to innovation and its forward-looking policy mindset make it a natural partner as PRYPCO continues to expand its international government collaboration strategy.

His Excellency Paata Salia, Minister of Justice, Georgia, added: “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.

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.”

Positioning Georgia for next-generation investment

The MoU signals Georgia’s commitment to embracing digital solutions while maintaining strong governance and legal oversight. It also positions the country as a potential reference point for other jurisdictions seeking to balance innovation with regulatory responsibility in the rapidly evolving digital asset and real estate landscape.

For PRYPCO, the agreement marks another milestone in its international growth journey and reinforces its strategy of working closely with regulators and governments to help shape the future of real estate ownership and investment. As global interest in real-world asset tokenisation continues to accelerate, PRYPCO’s approach emphasises collaboration, compliance and long-term value creation across markets.