Tokenized Real Estate: How Asset Tokenization is Revolutionizing The Real Estate Industryby@collinspaul662
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Tokenized Real Estate: How Asset Tokenization is Revolutionizing The Real Estate Industry

by Paul Igbo5mOctober 31st, 2022
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Tokenization of assets on the blockchain has already gained a lot of traction not only in asset management but also in different markets by ensuring that they are safer and more democratic. The global tokenization market is estimated to grow to US$5.6 billion by 2026, at a compound annual growth rate (CAGR) of 19.0% during the forecast period. The idea behind the tokenization of real estate assets involves creating virtual tokens that are generally linked to the value of the physical asset, thus representing a fractional share of ownership stake.

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Paul Igbo

Paul Igbo

@collinspaul662

Blockchain (Crypto) Copywriter. Tech enthusiast & Blogger.

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Paul Igbo HackerNoon profile picture
Paul Igbo@collinspaul662
Blockchain (Crypto) Copywriter. Tech enthusiast & Blogger.

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