إنت عربي
- Juz announces the closing of its SAR 8.3 million Seed funding round, led by Sheikh Hamad Bin Saidan as a strategic partner.
- The investment round will support Jozo ’s expansion in advancing and developing real estate asset tokenization solutions across Saudi Arabia.
- The company had previously issued a tokenized real estate deed through the private sector, marking an early milestone in the Kingdom’s evolving real estate tokenization ecosystem.
Jozo Real Estate Tokenization announced the successful closing of its SAR 8.3 million (approximately $2.21 million) Seed funding round, in a move that reflects growing interest in the company’s business model within Saudi Arabia’s real estate tokenization sector.
The company develops solutions that enable the tokenization of real estate assets and had previously issued a tokenized real estate deed in Saudi Arabia through the private sector, under an existing regulatory framework.
The participation of HAMAD MOHAMMED BIN SAEDAN as a strategic partner marks a significant addition, given his extensive expertise in the real estate sector and the opportunities this partnership could unlock in expanding the pool of assets available for tokenization through the platform.
Through this round, the company aims to scale its operations and further enhance its technology solutions, strengthening its position in Saudi Arabia’s fast-growing digital real estate investment ecosystem.
