DigiEstate Applies to List Pakistan’s First Real Estate Security Tokens (REST) on PSX

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DigiEstate, Pakistan’s first Shariah-compliant fintech/proptech startup, has formally applied for the listing and secondary trading of Real Estate Security Tokens (REST) at the Pakistan Stock Exchange (PSX)—a historic move that could revolutionize real estate investment in the country through blockchain-based asset tokenization.

Read More: Pakistan Mulls National Crypto Council to Regulate Digital Assets Amid Policy Shift

Currently incubated at NIC Karachi and undergoing SECP sandbox testing, DigiEstate is also a member of the Saudi Fintech Network and is rapidly gaining traction in regional markets. Its REST platform aims to tokenize real-world real estate assets, making them more accessible, liquid, and transparent, while positioning Pakistan as a hub for Digital Foreign Direct Investment (DFID).

This initiative aligns with the SECP’s progressive regulatory sandbox framework, which encourages fintech innovation and the integration of blockchain technology in Pakistan’s financial markets. REST will allow investors—especially overseas Pakistanis—to participate in fractional real estate ownership, significantly lowering barriers to entry and enabling wider investor inclusion.

“The anticipated approval of Real-World Asset (RWA) tokenization under the SECP’s regulatory framework, with participation from key stakeholders like CDC, NCCPL, and PSX, represents a transformative step for Pakistan’s real estate sector,” a spokesperson for NIC Karachi said on behalf of DigiEstate.

The REST platform, once listed, will function as an Alternative Trading Platform (ATP), ensuring regulatory compliance and investor protection, while enabling price discovery and liquidity in Pakistan’s traditionally illiquid real estate market.

This breakthrough also complements efforts by the Pakistan Crypto Council (PCC) to develop a national blockchain and digital asset ecosystem, further enhancing Pakistan’s stature as a regional leader in digital finance and asset tokenization.

DigiEstate’s vision is to democratize real estate ownership, foster institutional adoption of tokenized real estate, and integrate Millennials and Gen Z into Pakistan’s capital markets—creating a secure, transparent, and efficient digital investment environment for both local and international investors.

TaazaTaren
TaazaTarenhttps://taazataren.com
TaazaTaren is your trusted news source for technology, telecom, business, sports, auto, education, and global affairs since 2020.

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