Tokenized Real Estate: Because Who Needs a Whole House Anyway? 🏠💸

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So, DigitShares, the real-world asset (RWA) tokenization platform, is now letting you trade tokenized real estate on Polygon. Because apparently, owning a fraction of a luxury condo in Miami is the new avocado toast. 🥑✨

According to a March 25 announcement, RealEstate.Exchange (REX) is here to save retail investors from the horrors of actually owning a whole property. Instead, you can now invest in fractions of properties in a secondary market. Because who needs liquidity when you can have… fractional liquidity? 🤷‍♀️

REX is launching with two luxury properties in Miami: The Legacy Hotel & Residences (because who doesn’t want to own 1/529th of a hotel?) and a 38-unit residential complex managed by Trade Estate. Because 38 is a nice, round number. 🏨🏢

DigiShares CEO Claus Skaaning told CryptoMoon that REX plans to support various property types, including residential, commercial, and luxury real estate. Because why stop at condos when you can own a piece of a shopping mall? 🛍️

Polygon’s proof-of-stake blockchain was chosen because of its low transaction costs, fast settlement times, and robust security. Because who doesn’t love a blockchain that’s cheap, fast, and secure? 🚀🔒

Polygon is the 13th-largest blockchain based on 24-hour trading volume, according to CoinGecko. Because being 13th is totally a thing to brag about. 🥉

REX is licensed in the U.S. through Texture Capital, a registered broker-dealer with the SEC. The platform is also participating in an EU blockchain sandbox as it seeks registration under MiCA and MiFID frameworks. Because nothing says “legit” like a sandbox. 🏖️

REX is also eyeing registrations in South Africa and the UAE. Because why limit yourself to one continent when you can tokenize the world? 🌍

DigiShares has facilitated between $100 million and $200 million in tokenized real estate assets since 2018. Because who’s counting, really? 💰

DigiShares is one of several companies vying for a piece of the tokenized real estate market. In February, Blocksquare introduced a real estate tokenization framework in the EU, which would allow property owners to tokenize economic rights tied to property. Because who needs actual ownership when you can have economic rights? 🤔

The UAE has also emerged as a hotbed for tokenized real estate, with Mantra Finance securing a license to expand RWA services in Dubai. Because Dubai is basically the Las Vegas of the Middle East. 🎰

RWA market gaining traction

The RWA tokenization market, which extends beyond real estate to include traditional financial assets, art, and intellectual property, has reached a cumulative $62 billion, according to data from Security Token Market (STM). Because who needs a Picasso when you can own a fraction of one? 🎨

STM data currently tracks 595 real estate tokens, which represent the largest number of active tokens by asset class but are much smaller than debt and equity tokens in terms of monetary value. Because real estate is so last year. 🏠📉

Although real estate tokenization remains in its early days, Mantra co-founder and CEO John Patrick Mullin told CryptoMoon that the industry could be worth trillions in the near future. Because who doesn’t love a good trillion-dollar industry? 💵🚀

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2025-03-25 16:21