$100 Million in Commercial Real Estate Digitized on Stellar

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RedSwan, a U.S.-based firm, has tokenized $100 million in commercial real estate on the Stellar blockchain, thereby providing retail investors with global access to these assets.

$100 Million in Commercial Real Estate Digitized on Stellar0

RedSwan Digital Real Estate, a digital securities platform regulated by FINRA and a real estate investment company, has introduced a collection of tokenized assets valued at $100 million on Stellar. This collection features multifamily residential buildings and high-quality hospitality properties.

The integration with Stellar facilitates the issuance of tokens via the Token Studio platform while ensuring full regulatory compliance, thus making these assets accessible to investors globally. This model provides a reduced entry barrier, enhances transaction transparency, and offers continuous liquidity in the secondary market.

Edward Nwokedi, CEO of RedSwan, remarked that Stellar’s infrastructure is perfectly aligned with the company’s goal of enhancing accessibility and transparency in real estate investment. He stated that the collaboration addresses significant issues in the traditional market, such as elevated minimum investment requirements, limited liquidity, geographic limitations, and unclear ownership frameworks.

Experts suggest that tokenization could potentially unlock access to approximately $75 trillion in assets in North America alone. The partnership between RedSwan and Stellar illustrates that large-scale digitalization of real estate can occur within the boundaries of existing regulations.

Max Krupyshev, CEO of CoinsPaid, previously noted that the potential of tokenized real estate has only been partially realized, with most initiatives being localized and small-scale, while legal complexities continue to pose significant challenges.

Denelle Dixon, Executive Director of the Stellar Development Foundation, highlighted that the Stellar network was initially designed for the rapid and secure transfer of value across borders. She pointed out that real estate tokenization represents one of the most promising uses of the technology, with RedSwan’s initiative serving as a compelling proof of concept.

The trend of real estate tokenization is progressively gaining traction:

  • in the U.S., initiatives have been announced to tokenize $1 billion in commercial and multifamily real estate;
  • in Japan, a $75 million real estate tokenization project has been initiated;
  • RAFAL Real Estate Development Company has launched a pilot program to tokenize luxury real estate in the capital of Saudi Arabia.

These examples represent just a fraction of the numerous real estate tokenization projects that have been actively evolving in recent years.

Сообщение $100 Million in Commercial Real Estate Tokenized on Stellar появились сначала на CoinsPaid Media.