Global Real Estate Tokenization Market Size
Conventional real estate investing involves substantial outlays of funds, protracted procedures, copious amounts of paperwork, and compartmentalized data. By bringing fractionalized ownership and liquidity to real estate investing, as well as operational efficiencies and data transparency to real estate transactions, tokenization addresses these problems. The amount invested in commercial real estate worldwide hit an all-time high of $830 billion in 2019. Historically, one of the most minor liquid asset classes has been real estate, requiring significant capital outlays and pricey, drawn-out transaction procedures. As new technology in the financial sector brings more efficiency, security, and affordability, tokenization signals creative real estate solutions for the digital age. Real estate has long been a popular and dynamic investment option. However, it has had high entrance barriers, negligible portfolio diversification, and has needed to be more liquid. Here's how Real estate tokenization solves this conundrum