WRE News July 11, 2024
Buyer
A new report is predicting the global real estate tokenization market size and share will grow in revenue from $3.8 billion in 2024 to $26 billion by 2034, with a compound annual growth rate of 2.90%.
The report from Prophecy Market Insights observed the U.S. is “the most tokenized real estate nation in North America out of having a very robust legal system, a large real estate market, and early adoption of blockchain technology. This country has adoptively created a well-fleshed securities regulatory framework complete with explicit requirements imposed by the SEC. Indeed, even some states, for example, Delaware and Wyoming, have already enacted legislation supporting blockchain technology that allows for the disposition of digital assets.”
Elsewhere in the world, the report predicted an expansion of tokenized real estate in the Middle East and Africa “due to the size of their respective real estate markets, growing interest in blockchain technology, and the enabling regulatory frameworks to support the same.” The report cited the UAE-based developer MAG’s strategy to tokenize assets worth more than $500 million in partnership with the blockchain platforms Mantra. South Africa has also recorded early adoption of tokenization of real estate, the report added.
“From a historical perspective, real estate is one of the least liquid asset classes due to large capital outlays and expensive and lengthy transaction procedures,” the report said. “Because new financial sector technology is increasingly offering speed, security, and affordability, the current momentum in tokenization is argued to signal the beginning of innovative solutions for real estate in the digital age. Real estate has historically been a well-liked and active investment option.”
Stay up to date on the latest real estate trends.
Buyer
July 17, 2025
Over the past few years, affordability has been the biggest challenge for homebuyers.
Buyer
July 17, 2025
Buyer
July 17, 2025
Lifestyle
July 16, 2025
Designers are experts at designing bathrooms that are full of style and functionality alike.
Buyer
July 16, 2025
If recent home price headlines have you feeling worried, here’s some perspective.​​
Buyer
July 15, 2025
Buying your first home is a big milestone – and the right support is going to make it a whole lot easier.
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today