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
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
