Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
RWA Tokenization Enterprise RedSwan CRE Tokenizes $4 Billion Real Estate Portfolio

RWA Tokenization Enterprise RedSwan CRE Tokenizes $4 Billion Real Estate Portfolio

CointimeCointime2023/12/07 14:09
By:Cointime

According to Thetokenizer, RWA tokenization enterprise RedSwan CRE obtained an exclusive authorization on September 21 to tokenize and release a $4 billion real estate investment portfolio on the blockchain. RedSwan has over $5 billion in tokenized commercial real estate assets across the United States, and aims to position itself as a key player in the tokenized real estate field.
The investment portfolio, evaluated by global commercial real estate (CRE) industry leader Cushman and Wakefield, consists of 36 multifunctional properties in the Gulf Cooperation Council (GCC) region, showcasing an 80% stability rate across office, multi-family residential, retail, and industrial sectors, as well as 20% premium development land.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

A Turning Point in Ethereum: ETF Data Hits All-Time High Record

Data points to an all-time high for Ethereum ETFs, which have been underperforming for a long time.

Bitcoinsistemi2024/12/01 09:55

BTC breaks through $97,000

Cointime2024/12/01 09:34