RWA Tokenization Enterprise RedSwan CRE Tokenizes $4 Billion Real Estate Portfolio
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.
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.
You may also like
Uniswap Launches Historic $15.5M Bug Bounty to Secure V4 Core Contracts
Apple CEO Tim Cook Reveals Holding Bitcoin for the Past Three Years, Does it Beat Trump’s $7.1 M Crypto Investment?
FTM Price Prepares to Hit Three Bull Targets at $1.62 $2.20, and $2.77 in the Coming Altseason
SUI Eyes Next ATH Target Between $4.7 and $5.2 as Analyst Expects Major Surge Ahead for Sui Price