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Polytrade Closes $6 M Funding Round

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Polytrade today announced raise that lifts its total funding above US $6 million. The fresh capital came from real-estate and fintech backers who want faster trading of property on-chain. The team said the round was oversubscribed within hours, showing “clear market pull” for digital real-world assets.

In a filing the firm outlined plans to build bank-grade custody, KYC and secondary-market tools so funds and insurers can list property tokens next year. Polytrade already hosts more than 7,000 tokenised items across eight blockchains and aims to double that figure by 2026.

“After stablecoins and bonds, real estate will be the next big wave,” founder Piyush Gupta told AMBCrypto. He added that the new rails will let both retail and institutional players “plug in and scale safely.”

Tokenisation splits a building into tiny digital shares recorded on a public ledger. Fans say this cuts entry costs and speeds settlement from weeks to seconds. The fund-raise follows strong regional momentum: PRYPCO Mint passed AED 9 million in sales last week, and Saudi Arabia opened a one-Riyal citizen pilot yesterday, underlining rapid demand for fractional property.

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