PRYPCO Mint, a Dubai-based platform specializing in tokenised real estate, has broadened its investment offerings by introducing gold-backed digital tokens, launched on June 19, 2026. This new feature, powered by PAX Gold (PAXG), enables users to buy and sell gold tokens starting from AED100, with the added benefits of no transaction fees and 24/7 liquidity. Each token is fully backed by physical gold stored in reserve, providing a secure investment option for users. The integration occurs within PRYPCO Mint's existing app, which operates under the regulatory oversight of Dubai's Virtual Assets Regulatory Authority (VARA), enhancing the product's credibility in a rapidly evolving digital asset landscape.
Amira Sajwani, founder and CEO of PRYPCO, emphasized the platform's goal to dismantle traditional barriers to gold ownership, such as high minimum investment thresholds and storage concerns. The innovative cross-asset reinvestment model allows investors to reinvest rental income from tokenised real estate directly into gold, all within a single regulated platform. This positions PRYPCO as a pioneer in the MENA region, although the claim of being the first to combine these asset classes in a regulated environment remains unverified.
The choice of PAX Gold as the underpinning asset is particularly noteworthy, as it is issued by Paxos Trust Company and represents a troy ounce of gold held in secure vaults. This established token mitigates some of the risks linked to bespoke gold tokenisation schemes, although investors should be aware that they are acquiring a digital asset backed by gold rather than owning the physical bullion directly. As the regulatory framework for digital assets continues to mature in the Gulf, PRYPCO's VARA licence provides a robust compliance foundation, but the regulatory treatment of its gold offering will be a critical aspect to monitor going forward.
While PRYPCO Mint primarily targets retail and internationally mobile investors, its regulated multi-asset platform reflects a broader trend within the industry towards offering diverse tokenised investment options. The platform has already attracted investors from over 50 nationalities through its real estate offerings, and it remains to be seen whether the new gold product will broaden its investor base or enhance engagement with existing users. This expansion could signal a pivotal shift in how retail investors access and diversify their portfolios within the region's burgeoning digital asset market.
Amira Sajwani, founder and CEO of PRYPCO, emphasized the platform's goal to dismantle traditional barriers to gold ownership, such as high minimum investment thresholds and storage concerns. The innovative cross-asset reinvestment model allows investors to reinvest rental income from tokenised real estate directly into gold, all within a single regulated platform. This positions PRYPCO as a pioneer in the MENA region, although the claim of being the first to combine these asset classes in a regulated environment remains unverified.
The choice of PAX Gold as the underpinning asset is particularly noteworthy, as it is issued by Paxos Trust Company and represents a troy ounce of gold held in secure vaults. This established token mitigates some of the risks linked to bespoke gold tokenisation schemes, although investors should be aware that they are acquiring a digital asset backed by gold rather than owning the physical bullion directly. As the regulatory framework for digital assets continues to mature in the Gulf, PRYPCO's VARA licence provides a robust compliance foundation, but the regulatory treatment of its gold offering will be a critical aspect to monitor going forward.
While PRYPCO Mint primarily targets retail and internationally mobile investors, its regulated multi-asset platform reflects a broader trend within the industry towards offering diverse tokenised investment options. The platform has already attracted investors from over 50 nationalities through its real estate offerings, and it remains to be seen whether the new gold product will broaden its investor base or enhance engagement with existing users. This expansion could signal a pivotal shift in how retail investors access and diversify their portfolios within the region's burgeoning digital asset market.
Source: The Fintech Times
