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2018-11-16 10:30:00

Blockchain Factory App to Tokenize $225 Million in Real Estate Assets

Blockchain App Factory, a distributed ledger technology (DLT) focused firm that recently began working with security tokens, is reportedly managing three tokenized securities projects worth an estimated $225 million. Blockchain App’s management team said they’re helping three companies in the real estate sector to tokenize their assets - in order to raise funds for the projects. The process of tokenizing real-world assets, or security token offering (STO), allows the holders of physical good and services to earn returns on their investments - while also remaining compliant with relevant regulations such as securities laws.