Tokenization May Make Real Estate Investment Easier: Report

Moore Intelligence sees the tokenization of documents leading to more efficient and cheaper transactions.

AccessTimeIconAug 12, 2021 at 1:26 a.m. UTC
Updated Sep 14, 2021 at 1:39 p.m. UTC
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Tokenization in real estate is an “inevitable next chapter in blockchain’s disruption of capital markets,” and could make major progress in the next five years, according to a report published by Moore Intelligence on Wednesday.

  • The emergence of new secondary markets for digital property assets might mean more liquidity, efficiency and lower costs for investors, the report noted.
  • “Tokenization has potential to drive down transactional costs and improve efficiency via the use of ‘smart contracts’ which can replace copious paperwork and laborious administration,” according to the report.
  • Institutional investors still largely remain on the sidelines waiting for more regulatory clarity, the report said. 
  • Moore Global is the parent company of Moore Cayman, an auditing firm that published attestation reports for Tether, issuer of the largest stablecoin, USDT.
  • “From an audit perspective, adding digital assets to a portfolio can be advantageous as blockchain technology can make transactions more transparent and trackable,” David Walker, a managing partner at Moore Cayman, wrote in the report. 
  • Texas-based commercial real estate marketplace Red Swan had tokenized $2.2 billion in real estate through security token platform Polymath, and it had another $4 billion in properties in the tokenization pipeline, CoinDesk reported in February 2020. 

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