Saudi Arabia’s Real Estate Registry (RER), operating under the Real Estate General Authority (REGA), has announced the rollout of a nationwide blockchain framework designed to modernize real estate registration, tokenization, and marketplace connectivity. Officials indicated that this large-scale system is expected to build a more transparent, liquid, and globally investable real estate environment as part of the country’s broader digital-economy ambitions.
The new platform is powered by Settlemint’s asset-tokenization technology and integrates blockchain-based title management, automated valuation models, and tools that support fractional ownership. According to information shared through the launch, the architecture combines RER’s registry functions with a blockchain orchestration layer and smart-contract components, creating a hybrid system suited for digitally native property transactions.
End-to-End Digital Property Lifecycle
The infrastructure supports the full cycle of real estate activity, including listings, due diligence workflows, ownership transfers, and final settlements. Inspire for Solutions Development is responsible for building the national marketplace that will operate on top of the system.
The country’s roadmap lays out a multi-phase plan to digitize the real estate sector. The initial stage involves the introduction of a national tokenized marketplace that will facilitate the buying and selling of property in both whole and fractional formats. This marketplace is intended to lower barriers for domestic and international investors while improving market efficiency.
The second phase will focus on implementing an open API framework. This component is expected to allow PropTech firms, financial institutions, and independent developers to create services such as tokenized mortgage products, cross-border investment tools, and other value-added applications. Officials suggested that such open-innovation channels could accelerate the country’s shift toward a more programmable real estate economy.
Industry Leaders Point to Global Significance
Adam Popat, CEO of Settlemint, underscored the importance of the initiative and noted that the system is already operational rather than a theoretical pilot. He conveyed that Saudi Arabia is positioning itself as a leader in redefining how countries register, manage, and exchange real-world assets using tokenization. In his view, national-level leadership has not only invested in technical capability but has also built a trust framework that is essential for market adoption and regulatory clarity.
The system is structured to incorporate well-recognized interoperability standards, including W3C Verifiable Credentials and eIDAS 2.0, while also adhering to Shariah-compliant asset models. REGA will retain responsibility for governance, oversight, and data-management protocols to ensure that transparency enabled by blockchain is balanced with regulatory safeguards. This oversight is intended to strengthen both legal enforceability and investor confidence.
A New Gateway for Global Real Estate Investment
By linking tokenized real estate with capital-market infrastructure, Saudi Arabia aims to expand access to property investment and attract foreign direct investment. The initiative opens pathways for investors worldwide to access fractional real estate assets backed by national-level regulatory structures.
At the same time, the platform offers new opportunities for PropTech innovation. Startups and international developers will gain secure interfaces to build applications related to valuation services, land-management tools, lending products, and secondary-market trading.
Saudi Arabia’s launch signals the first national-scale deployment of a blockchain system dedicated to property registration and investment. With its combined focus on tokenization, regulatory oversight, global interoperability, and Shariah compliance, the Kingdom is positioning itself at the forefront of real estate digital transformation.