Real Estate Token News Feed
Latest News and Trends in the Real Estate Token industry
Dubai Land Department begins real estate tokenization project
The Dubai Land Department expects the market value for tokenized real estate to reach over $16 billion in 2033. The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain. The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project. ...by cointelegraph.com
Malaysia’s First RWA Project Tokenizes $23 Million in Residential Properties
Malaysia has launched its first Real World Asset (RWA) project for real estate through The Real Lifestyle Company (TRL), revolutionizing property investment. TRL is set to tokenize $23 million worth of residential properties ...by thetokenizer.io
Nigerian state plans to tokenize real estate, boost revenue
Nigerias Lagos state governmaent has announced an ambitious plan to tokenize real estate, leveraging blockchain technology to enhance transparency, efficiency and ease of transfer in proeprty transaction. ...by tradingview.com
Democratising property investment: the rise of real estate tokenisation
Real estate tokenisation, leveraging blockchain technology, is revolutionising real estate investment by making it more accessible, liquid, and efficient. It transforms real estate assets into digital tokens, allowing for fractional ownership and democratising access to investments. ...by yourstory.com
BlackRock's $10 Trillion Tokenization Vision: The Future Of Real World Assets
We are currently witnessing a digital transformation as traditional finance and investments undergo a seismic shift towards greater efficiency and accessibility. Leading the charge, BlackRock, the world's largest asset manager known for launching its Bitcoin ETF earlier this year, aims to tokenize $10 trillion of its assets in partnership with Securitize... by forbes.com
DDX Global to launch 'Desert Pearl' project in Dubai - and real estate tokens in it too
Dubai: A developer in Dubai is launching a one-off sort of project - and planning to tokenize it as well. That's what DDX Global, which is into tokenization of real property, is launching the 'Desert Pearl' and will back that up with issuing tokens for investors. Desert Pearl will feature two hotels, apartments, a commercial cluster and a retail precinct in addition to a boulevard and private marina. The boutique hotel is to... by gulfnews.com
RWAs have already tokenized hundreds of millions; which industries will have the biggest growth in 2024?
2023 marked the year that institutions began to take a serious interest in real-world asset (RWA) tokenization, and the trend looks set to become one of the defining developments of 2024. However, the scope of opportunity isn’t limited to institutions. Firms like Blocksquare, which tokenize real estate investing... by dataconomy.com
Ripple’s Real Estate Tokenization: Re-evaluating XRP’s Value
Ripple, a prominent player in the blockchain and cryptocurrency space, has recently been in the spotlight for its venture into exploring a real estate asset tokenization solution. Given that the global real estate market is estimated to be worth around $280 trillion, this move by Ripple poses a significant ... by cryptonewsland.com
Japan’s First Digital Securities Trading Unveiled By OSAKA Digital Exchange
According to a recent report, OSAKA Digital Exchange is set to launch Japan’s inaugural digital securities trading next month, introducing security tokens backed by real estate giants Ichigo and Kenedix. Notably, this groundbreaking initiative responds to the growing demand among individuals for alternative assets promising enhanced returns... by coingape.com
Hong Kong’s Real Estate Market on the Verge of Tokenization
Hong Kong’s real estate market stands on the brink of a revolutionary transformation, with Tykhe Capital leading the charge. The investment firm recently announced the launch of PRINCE, Hong Kong’s inaugural real estate fund security token issuance (STO)....by beincrypto.com
Ripple Labs to tokenize the multi-billion dollar real estate industry
Ripple Labs, a technology company building financial products, including the XRP Ledger (XRPL), on the Ripple Protocol Consensus Algorithm (RPCA), plans to transform the real estate industry through tokenization... by crypto.news
Japanese leasing firm trials real estate tokenization
As tokenization continues to be adopted in several sectors, Japan-based financial firm Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (NASDAQ: SMFNF), has expressed a keen interest in experimenting with the offering in real estate. The firm stated that it will proceed with the pilot initiative... by coingeek.com
How NFTs are Revolutionizing Real Estate Transactions
Non-fungible tokens (NFTs) are unique assets that have undergone tokenization on a blockchain, equipped with distinct identification codes and metadata to differentiate them from each other. NFTs may be traded or exchanged for fiat currency, different cryptocurrencies, or other NFTs, with the value of the NFT relying on the perceived value assigned by the market and the NFT holder. Leveraging their distinct attributes, NFTs act as mediums to convert valuable tangible assets, such as real estate, into a digital form... by cnn.com
Citibank Tests Tokenization of Private Equity Funds on Avalanche
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets. Citi worked with traditional finance giants WisdomTree and Wellington Management to carry out its proof-of-concept trial that was issued on Avalanche’s Spruce, according to a press release.... by coindesk.com
Thailand opens doors to retail investments in infrastructure-backed digital tokens
Thailand’s Securities and Exchange Commission (SEC) has lifted restrictions on retail investors purchasing digital tokens backed by real estate or infrastructure projects. Previously, retail investors were limited to investing a maximum of 300,000 baht ($8,500) in these tokens...by cointelegraph.com
Regulated asset tokenization to launch in India’s GIFT City
India’s international financial services center (IFSC), Gujarat’s GIFT City, is readying to launch its first regulated tokenization platform for real world assets (RWA) in January 2024, the Times of India reported. India is positioning GIFT City as a competitor to Singapore and Dubai. A spokesperson for GIFT City regulator, the IFSCA, said that the first tokenized asset class will be real estate... by ledgerinsights.com
Sumitomo Life invests in tokenized Blackstone real estate fund
Yesterday bank-backed startup Digital Securities announced its second tokenized real estate issuance in Japan. Sumitomo Life was the primary institutional investor and a Blackstone real estate fund underpins the tokenization. Digital Securities’ backers are Marubeni and regional Joyo Bank. The bank lent money to the tokenization structure... by ledgerinsights.com
Failed ‘$175 M’ real estate token raise draws ire of Texas regulators
The Texas State Securities Board has accused a network of companies under the “GS” brand and operating from Germany of fraudulent activities “tied to digital assets, investments in a staking pool in a proprietary metaverse.” The network of companies is controlled by Josip Dortmund Heit... by cointelegraph.com
Unlocking $16 Trillion: First Tokenized Property Successfully Registered in EU Land Registry
In a revolutionary leap forward for the real estate and blockchain sectors, Blocksquare has achieved an unparalleled milestone by successfully executing the world’s first notarized tokenization of a real estate property, now officially integrated with the Slovenian land registry. This breakthrough achievement unlocks access to a staggering $16 trillion market potential... by thetokenizer.io
The Reawakening Of Real Estate Tokenization: Why Businesses Should Take Note
Though tokenization isn’t a novel concept, recent years have witnessed a resurgent interest in it. As businesses increasingly align with the Web3 paradigm, entities ranging from financial institutions to asset managers are exploring tokenization's potential... by Forbes.com
Israel’s land registry plans tokenized real estate exchange
A month ago, the Israel Land Authority (RAMI) published a local tender for blockchain consultants. The small print in the tender reveals RAMI is interested in far more than a digital land registry. It plans to build an exchange for trading tokenized real estate... by ledgerinsights.com
Duplex in Dunedin, Florida – Lofty440, Louden Avenue, Victoria Palms, Dunedin, Pinellas County, Florida, 34698, United States- Single Family Home in Cleveland, Ohio – Lofty8708, Willard Avenue, Cudell, Cleveland, Cuyahoga County, Ohio, 44102, United States
- Tropical Loft Villa in Bali, Canggu, Indonesia80316, Kerobokan Kelod, North Kuta, Badung, Bali, Lesser Sunda Islands, Indonesia
- Apartment, Austria, Hinterstoder 50, BrickwiseHinterstoder, Bezirk Kirchdorf, 4573, Austria
- Karra Loft 5, Indonesia, BinaryxBadung Regency, JJ street, Jl. Pantai Batu Bolong, Canggu, Kuta Utara, 80361
- Single Family Home, USA, Las Cruces, NM Lofty3761, Jade Avenue, Las Colinas, Las Cruces, Doña Ana County, New Mexico, 88012, United States
- Vacation Rental in Atlantic City, NJ, Lofty2208, Murray Avenue, Venice Park, Atlantic City, Atlantic County, New Jersey, 08401, United States
- Luxury Vacation Rental in Atlanta, GA – Lofty75, Boulevard Northeast, Old Fourth Ward, Atlanta, Fulton County, Georgia, 30312, United States
