APS Buys $3.4M Tokenized Real Estate via MetaWealth
The post APS Buys $3.4M Tokenized Real Estate via MetaWealth appeared on BitcoinEthereumNews.com.
MetaWealth revealed that it now comes in the top 10 global real-world assets (RWA) Tokenization platforms, having users from 23 countries. The platform has so far tokenized properties across various countries such as Romania, Spain, Greece, and Italy. It has also facilitated more than $50 million in tokenized transactions. APS, a fund manager from Europe, purchased $3.4 million in tokenized real estate through MetaWealth. After this step, the fund manager made the first direct institutional purchase of retail-accessible tokenized assets. APS is the manager of 12 billion euros or $13.7 billion in assets, bought 3 million euros or $3.4 million in tokenized bonds associated with two Italian residential properties registered on MetaWealth. The properties included Fo.Ro Living Rome and Porta Pamphili Rome. And the tranche was divided equally at 1.5 million euros. APS bought the same tokenized assets that are accessible for retail investors. The bonds were carried on and listed on the Blockchain, adding transparency as well as programmability to the process. A manager at the firm, Mihai Pop, mentioned that Tokenization demonstrates a transformative shift in investing, providing increased liquidity and ordered transactions at the time of maintaining compliance and security. In 2023, MetaWealth was introduced, which tokenizes Pan-European real estate, permitting fractional ownership and near-instant transfers of real estate tokens. The platform has so far tokenized properties across various countries such as Romania, Spain, Greece, and Italy. It has also facilitated more than $50 million in tokenized transactions. Every token on the platform demonstrates fractional ownership, permitting institutional and retail investors to trade real estate stakes in no time. What does the CEO say? The Chief Executive Officer of MetaWealth, Amr Adawi, states that the investment has drawn trust to the space, a key source of liquidity to the ecosystem, and grown access to real-world assets for…
Filed under: News - @ June 5, 2025 6:29 pm