tZERO to tokenize $18M of stock for the ‘Robinhood of real estate investing’
Around $18 million worth of NYCE’s common shares will be tokenized and supported for secondary trading on tZERO’s security token trading platform. tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s shares.NYCE’s stock will be tZERO’s first new listing since launching its ASPN pairing in August 2020, representing fractionalized ownership in a Colorado ski resort.Announced June 30, tZERO will support secondary trade for NYCE’s tokenized common shares once the real....
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Earn is expected to provide extra liquidity to the tZERO platform through exposure to its issuers of property-backed digital securities. tZERO ATS, a broker-dealer which facilitates the secondary trading of digital security tokens, has partnered up with commercial real estate and finance platform Earn.re, according to a joint announcement on March 3.The partnership will allow commercial property issuers on Earn.re to provide extra liquidity for the trading of digital assets on tZERO ATS, subject to the platform’s due diligence. Earn supplies software solutions for the issuance of digital....
LABS Group and Refinable have decided to join hands and make real estate trading more accessible and convenient for individuals. With this newly established partnership, users will be able to tokenize and fractionalize real estate assets on Refinable’s fast, cost-effective and user-friendly NFT platform. Refinable is the first major NFT marketplace on Binance Smart Chain […]
The year has started with a batch of announcements regarding tokenization in various sectors. On this occasion, a blockchain gaming platform announced its collaboration with Labs Group to issue non-fungible tokens (NFTs) of real estate assets. Global Real Estate Market Is Valued at $228 Trillion According to the announcement, the blockchain real estate company will use the Enjin platform to mint and issue NFTs. People will be able to buy fractionalized real estate assets starting at $100, making the first step into real estate-related investments. As the global real estate market....
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. A few years back, the concept of owning and trading fragments of physical real estate might have seemed too far-fetched for many. But with the advent of blockchain technology, real estate tokenization is providing new opportunities for fractional ownership and investment.Blockchain technology’s long-overdue debut in real estate has made real-world asset tokenization a heavily-discussed topic in the industry. After all, tokenization ticks all those boxes that are....
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....