The real estate technology platform Bripco has announced the signing of a strategic memorandum of understanding with the Ministry of Justice in Georgia. This initiative aims to establish a secure and advanced framework for property tokenization in the country, fostering digital investment and technological transformation in the real estate sector.
The signing ceremony was graced by the presence of Irakli Kobakhidze, the Prime Minister of Georgia, and Beka Salia, the Minister of Justice, alongside their delegations, along with Amira Sajwani, the founder and CEO of Bripco, and the company’s leadership team.
This memorandum reflects a commitment to collaborate on innovative property tokenization initiatives, enhancing trust in the sector and attracting both local and international investments. The agreement focuses on improving legal and regulatory transparency, supporting the secure digitization of property rights, and developing a modern investment environment aligned with Georgian regulations.
Amira Sajwani stated, “This agreement signifies our shared belief that the future of the real estate sector rests on trust, transparency, and digital transformation. By partnering with the Ministry of Justice, we are establishing a foundation for a responsible and compliant approach that facilitates investment, enhances regulatory clarity, and creates new opportunities for global engagement.”
Minister Beka Salia emphasized that the partnership with Bripco represents a pivotal step in Georgia’s efforts to modernize its legal and real estate frameworks, adding, “Tokenizing properties within a clear regulatory framework enhances transparency, protects investors, and boosts confidence in Georgia as a secure and advanced investment destination. Collaborations between the public and private sectors are essential to ensure the integration of technological innovation with the rule of law and international best practices.”
The memorandum reaffirms Georgia’s commitment to adopting digital solutions while maintaining strong governance and effective legal oversight, thereby enhancing its status as a model for countries seeking to balance innovation with regulatory responsibility in the rapidly evolving digital asset and real estate market.
For Bripco, this agreement marks a new milestone in its international expansion and its mission to support cooperation with governments and regulatory bodies to shape the future of property ownership and investment, with a focus on creating sustainable, long-term value in global markets.