Tokenized Security Commercial Real Estate

Overview: Clear benefits exist from applying blockchain to securities trading; but with respect to securities that derive underlying value from real, physical assets, the tokenization of those physical assets for the purpose of standardized, transparent and tamper-proof record keeping has the potential, we think, to drive significant value for investors. This will, for example, accelerate due diligence processes and prevent significant price dislocations due to lack of transparency to the value drivers of the underlying physical asset (such as occupancy rates and maintenance history). In short, it’s not just about tokenizing the securities, but also tokenizing the physical assets - we believe powerful benefits can be realized by tokenizing both and connecting the two.