Propchain (PROPC) is a Luxembourg-based cryptocurrency that focuses on the tokenization of real estate assets. It provides a platform for users to engage with fractionalized real estate strategies and assets, managed by Propchain and its partners. The organization operates with an emphasis on regulatory compliance, undergoes audits, and adheres to a regulatory framework. Propchain is also exploring foreign licensing and collaboration with custodian and fiat-related services. The company transitioned from a private MVP stage to a public MVP and launched a mobile application for asset interaction. By tokenizing real estate assets, Propchain aims to introduce a different approach to the cryptocurrency space.