Riyadh – Sharikat Mubasher: Saudi real estate tokenization platform Jozo announced the issuance of the Kingdom’s first tokenized real estate deed through a private-sector platform, marking a landmark moment for Saudi Arabia’s property and investment landscape.

As per the company’s press release, the issuance was completed within the regulatory sandbox of the Real Estate General Authority (REGA), making Jozo the first private platform to apply a real estate tokenization model supported by an official ownership deed linked to an existing property and governed by a clear regulatory framework.

The milestone represents a qualitative step in the development of real estate investment tools in Saudi Arabia, aimed at expanding and diversifying the investor base in the property market. Real estate tokenization involves dividing a property asset into smaller units that investors can own through verified digital deeds, allowing entry into real estate investment with lower capital compared to traditional ownership models, while maintaining a direct link to a tangible, existing asset.

The issuance of the first tokenized deed goes beyond a technical pilot, signaling a practical shift toward redefining real estate ownership and opening wider, regulated opportunities for individual investors.