DigiEstate Applies for Real Estate Token Listing on PSX – A First for Pakistan

Clarification on REST by DigiEstate

We wish to clarify regarding recent social media posts dated May 2,2025 wherein our communication with PSX to explore possibility for trading of Real Estate Security Tokens (RESTs) through PSX platform was misconstrued as an application from DigiEstate for listing of RESTs on PSX. It is emphasized that listing/trading of RESTs through PSX is not allowed under the existing laws.

DigiEsate/Magna Engineering is currently only testing its business model for real estate fractionalization under the SECP Regulatory Sandbox and has not received any permission for scaling up its business model or for soliciting funds from the general public.  

We regret any unintentional misrepresentation of our current regulatory status and remain firmly focused on successfully completing our SECP Sandbox journey, ensuring all future communications strictly align with the provided guidelines.”

DigiEstate, Pakistan’s first Shariah-compliant fintech and proptech startup, applies for the listing and secondary trading of Real Estate Security Tokens (REST) at the Pakistan Stock Exchange (PSX) — a bold step in the country’s digital transformation journey.

Currently part of the SECP regulatory sandbox and incubated at NIC Karachi, DigiEstate leverages blockchain and Distributed Ledger Technology (DLT) to tokenize real estate. Its platform allows for fractional real estate ownership, improving transparency, liquidity, and access for a broader investor base — including overseas Pakistanis.

This move is a significant milestone in bringing Real-World Asset (RWA) tokenization to Pakistan. By enabling REST listing and trading, DigiEstate offers investors regulated access to digitized property assets and sets the stage for Digital Foreign Direct Investment (DFID) in the real estate sector.

The platform functions as an Alternative Trading Platform (ATP), giving both millennials and Gen Z a compliant, tech-enabled gateway to participate in Pakistan’s capital markets. Institutions, retail investors, and expats alike stand to benefit from this tokenized real estate ecosystem.

This initiative also supports SECP’s evolving digital asset framework and complements national efforts by the Pakistan Crypto Council (PCC) to establish a robust blockchain-based financial infrastructure.

If approved, DigiEstate’s REST listing may position Pakistan as a serious contender in the global RWA tokenization movement — and open the door for new capital flows into the country’s real estate sector.