Real estate platform StegX to tokenize $100m of RWA on Hedera
The post Real estate platform StegX to tokenize $100m of RWA on Hedera appeared on BitcoinEthereumNews.com.
Hedera’s traction in the real-world assets market is set for a major boost, thanks to $100 million worth of real-world assets coming on-chain via institutional real estate platform StegX. The Hedera Foundation, which supports the development of the Hedera (HBAR) blockchain network, revealed the huge news on May 29, 2025, noting in a blog post that its partnership with StegX will see the real estate platform deploy more than $100 million in real estate tokens on Hedera. The partnership also involves Zoniqx, a Silicon Valley-based firm focused on bridging real-world assets to the decentralized finance ecosystem via compliant and interoperable blockchain infrastructure. Zoniqx’s Dynamic Compliant Interoperable Security Token, or DyCIST, is the standard for ERC-7518 aimed at institutional tokenization. Zoniqx’s standard allows for the embedding of jurisdiction-aware compliance at the token layer, as well as the automation of know-your-customer and anti-money-laundering enforcement. KYC and AML are key compliance requirements that have slowed institutional entry into the tokenized real-world asset market. StegX’s deployment of the tokens will leverage the security token standard ERC-7518, with this allowing the platform to tokenize regulated assets. Hedera Foundation said the platform’s move is one that “shifts tokenization from theory to execution.” “By integrating the ERC-7518 token standard on the Hedera network, the StegX marketplace is not only pioneering a new era of asset tokenization but also ensuring that every transaction is executed according to the regulations of the issuers,” said Daniel Radwansky, chief executive officer and co-founder of StegX. “Our partnership with Zoniqx fortifies this vision, providing a fully digital and compliant pathway for institutional investors to access premium tokenized real-world assets,” Radwansky added. The Hedera Foundation’s collaboration with StegX and Zoniqx comes just a day after Verra, a global carbon standard leader with over 1 billion carbon credits issued, integrated with Hedera. Verra accounts…
Filed under: News - @ May 30, 2025 2:26 am