Saudi Arabia's Real Estate Registry (RER), under the supervision of the Real Estate General Authority (REGA), has officially launched a national-scale blockchain infrastructure dedicated to real estate registration, fractionalization, and marketplace integration. The initiative promises to create a transparent, liquid, and globally investable real estate ecosystem.
From Registry to Digital Marketplace
Powered by Settlemint's asset tokenization platform, the new infrastructure integrates blockchain-based title management, automated valuation models (AVMs), and fractional ownership capabilities. According to an official statement, the system uses a hybrid architecture combining RER's registry services with a blockchain orchestration layer and smart contracts. It supports end-to-end digital transactions—from listing and due diligence to ownership transfer and settlement. Inspire for Solutions Development is leading the development of the marketplace.
The roadmap outlines a phased digitization of the real estate sector, starting with the launch of a national tokenized marketplace for buying, selling, and fractional property investment. Phase Two will deploy an open API framework, empowering PropTech companies, banks, and developers to create innovative services such as tokenized lending and cross-border property transactions.
Global Significance and Regulatory Compliance
Adam Popat, CEO of Settlemint, emphasized: "This is not a proof-of-concept—it is a national digital market infrastructure in operation. Saudi Arabia is now at the forefront of a global movement redefining how nations manage, invest, and transact in real-world assets." The system incorporates international interoperability standards including W3C Verifiable Credentials and eIDAS 2.0, alongside Shariah-compliant asset structures. REGA will oversee supervisory and data-governance standards to balance blockchain transparency with sovereign regulation, boosting investor confidence.
By linking property tokenization with capital-market infrastructure, Saudi Arabia aims to attract foreign direct investment (FDI) and expand access to fractional real estate assets for global investors. This initiative also opens new channels for PropTech innovation, allowing startups and international providers to build applications for valuation, lending, land management, and secondary-market trading via secure integration interfaces.