In a landmark development for Pakistan’s fintech and proptech sectors, DigiEstate—the country’s first Shariah-compliant fintech and proptech startup—has formally applied for the listing and secondary trading of Real Estate Security Tokens (REST) at the Pakistan Stock Exchange (PSX). The move signals a major leap forward in Pakistan’s journey toward digital asset innovation and the tokenization of real-world assets.
DigiEstate, which is currently undergoing testing under the Securities and Exchange Commission of Pakistan’s (SECP) regulatory sandbox framework, has emerged as a pioneering force in the digital transformation of real estate. The startup was incubated at the National Incubation Center (NIC) Karachi and is a proud member of the Saudi Fintech Network, with growing traction across regional markets.
According to DigiEstate, the proposed listing of Real Estate Security Tokens (REST) on the PSX will mark a significant milestone in adopting Real-World Asset (RWA) tokenization in the country. The initiative is designed to convert physical real estate into a digital, tradable, and more liquid asset class, thereby transforming traditional real estate investment into a more accessible avenue for both local and overseas Pakistani investors.
The platform’s use of blockchain and Distributed Ledger Technology (DLT) aims to bring greater transparency, liquidity, and efficiency to Pakistan’s real estate market. By offering tokenized real estate assets, DigiEstate aligns itself with global trends in financial innovation and digital asset growth, particularly in the realms of property ownership and investment.
A spokesperson from NIC Karachi, speaking on behalf of DigiEstate, emphasized the importance of this development within Pakistan’s regulatory and financial infrastructure. “The anticipated approval of RWA tokenization under SECP’s regulatory sandbox framework—with full involvement of market institutions such as the Central Depository Company (CDC), National Clearing Company of Pakistan Limited (NCCPL), and PSX—will redefine how real estate investment is perceived in Pakistan,” the spokesperson stated.
The initiative represents a broader effort to democratize access to real estate ownership through fractional investments. DigiEstate’s REST-based platform, once approved as an Alternative Trading Platform (ATP), will allow investors to participate in regulated real estate markets with reduced capital requirements, ensuring both accessibility and compliance.
The company further noted that the listing will help attract Digital Foreign Direct Investment (DFID), particularly from the overseas Pakistani community, which has long sought reliable, transparent channels to invest back into the country. This development also supports the efforts of the Pakistan Crypto Council (PCC) to establish a comprehensive digital asset ecosystem.
By integrating blockchain into the country’s financial systems, this effort complements SECP’s forward-looking approach toward fintech and digital finance. It positions Pakistan as a regional hub for innovation in asset tokenization, aligning with global shifts where tokenized securities are fast becoming mainstream investment vehicles.
Additionally, DigiEstate’s initiative is expected to foster greater inclusion of Millennials and Gen Z investors by providing a modern, tech-driven entry point into Pakistan’s capital markets. Through secondary trading at PSX, real estate tokens will offer real-time price discovery and liquidity, empowering a new generation of digital investors.
In conclusion, DigiEstate’s REST platform is poised to play a transformative role in reshaping real estate investments in Pakistan. With the regulatory environment evolving and key financial institutions participating in this initiative, the country appears ready to embrace tokenized real estate as a legitimate and scalable investment frontier.
