New York-based blockchain-powered real estate fund Leaseum Partners has signed a deal with Luxembourg-based fintech firm Tokeny to use its platform for token creation and management to launch a $250 million tokenized real estate portfolio focused on income producing commercial properties in New York City.
By tokenizing the real estate sector, Leaseum Partners gives retail investors the opportunity to invest in high-cost investments, through so-called “fractional ownership”, Tokeny said in a statement, noting that blockchain lowers the barrier for entry into the lucrative portfolio of commercial property investing.
"We have brought together world-class rea...
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