In a groundbreaking move for Pakistan’s financial and real estate sectors, DigiEstate, the country’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). This marks a significant milestone toward the integration of blockchain-driven real estate investment in Pakistan’s capital markets.
Currently undergoing regulatory testing within the SECP’s sandbox environment, DigiEstate is also incubated at NIC Karachi and is a member of the Saudi Fintech Network—gaining increasing traction across regional markets. The company’s listing application at PSX is expected to set the stage for Pakistan’s adoption of Real-World Asset (RWA) tokenization, a global trend that is reshaping how tangible assets like property are bought, sold, and owned.
DigiEstate’s initiative is designed to digitize real estate ownership through the tokenization of assets using blockchain and Distributed Ledger Technology (DLT). This will make real estate investments more transparent, liquid, and accessible, particularly for overseas Pakistanis, by enabling Digital Foreign Direct Investment (DFID) into Pakistan’s property market.
According to a statement from DigiEstate, the move is not only a technological leap but also a policy-aligned effort. “The anticipated approval of RWA tokenization under SECP’s regulatory framework, with full participation from key market stakeholders—including CDC, NCCPL, and PSX—represents a transformative step for Pakistan’s real estate sector,” the company noted through NIC Karachi.
The statement continued, “DigiEstate’s mission is to democratize access to real estate ownership and create a more efficient marketplace for both local and overseas Pakistani investors through secure, compliant, and technology-driven solutions.”
REST, DigiEstate’s regulated platform, will serve as an Alternative Trading Platform (ATP), enabling investors to participate in fractional ownership of real estate assets. This lowers traditional barriers to entry, enhances investor protection, and ensures compliance with local regulations. The listing at PSX is expected to provide price discovery, secondary market liquidity, and widen access to a previously illiquid asset class.
This development comes at a time when Pakistan is actively exploring digital asset regulation. The SECP’s sandbox has become a hub for experimentation with blockchain applications in finance, positioning the country to keep pace with international trends. The initiative is also closely aligned with efforts by the Pakistan Crypto Council (PCC) to create a robust, well-regulated blockchain and digital assets ecosystem in the country.
Industry observers see DigiEstate’s move as a bold step that could open the door for institutional adoption of digital real estate assets in Pakistan. It holds particular promise for engaging Millennials and Gen Z investors, who are more inclined to participate in digital-first investment platforms.
Through this forward-thinking approach, DigiEstate aims to position Pakistan as a regional leader in digital real estate investment and RWA tokenization, establishing a secure, inclusive, and technology-powered future for the country’s property market. As the application progresses through the necessary approvals, all eyes will be on PSX and SECP to usher in this new era of tokenized, fractional property ownership in Pakistan.
