What are we at with the real estate tokenization industry? Should we see any projects listing and available for investors soon?



  • What are we at with the real estate tokenization industry? Should we see any projects listing and available for investors soon?



  • In Hong Kong, we are seeing that the tokenization and virtual asset ecosystem is getting more established and more market players are following us into this space. The regulatory environment is getting clearer as the SFC has given more guidance and has been granting licenses to fund managers who manage virtual assets. We anticipate that the SFC will grant their first virtual asset trading platform licence within this year, which will help complete the ecosystem and be more welcoming to asset owners looking into tokenization.

    In Singapore, we are seeing that the Singapore regulator, the Monetary Authority of Singapore (MAS), has already approved 2 government-backed security token exchanges and therefore the network is in a sense more mature than that of Hong Kong. Nevertheless, we are seeing less security token offerings in Singapore. That said, we anticipate that there will be more tokenization projects coming in the next 12 – 18 months as the Singapore government is pushing for Singapore to be the Asian fintech hub.

    In terms of opportunities, as traditional financial institutions are still looking into, but not yet fully dive into, this market, newer and smaller market players should take the opportunity to trailblaze this industry and gain a first mover advantage over incumbent players in the financial and real estate market. A smaller project can serve as a test case for those smaller players to show to their investors that tokenization works, as well as for them to smooth out any operational and practical problems. However, this also means that some time and investment will be needed and it will be a steep learning process.

    Find more: https://youtu.be/2qhZDmTozC0


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