🏠 $30M real estate property tokenized with blockchain
A $30 million luxury Manhattan condo development is the first major asset in Manhattan to be tokenized on Ethereum. Tokenization is the process of representing the ownership of real-world assets digitally on a blockchain. With blockchain tokenization, people can remove the unruly pressure of traditional bank financing, and a transparent and trustless ecosystem can start to solve the information asymmetry that hinders the market’s potential for liquidity.
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