Fund Manager APS Buys $3.4M in Tokenized Real Estate via MetaWealth
The Manager of Panneropian Fund APS has become the first institutional investor to directly acquire the tokenized real estate assets via the investment platform based on the Metaweth blockchain, according to a shared ad with Cointtelegraph.
APS, which manages more than 12 billion euros ($ 13.7 billion) in assets, bought 3 million euros ($ 3.4 million) of tokenized bonds linked to two Italian residential properties listed on Metawealth: Fo.ro Living Rome and Porta Pamphili Rome. Each tranche was divided uniformly to 1.5 million euros.
APS has acquired the same tokenized assets available for retail investors. The links were processed and recorded on the blockchain, which adds transparency and programmability to the process.
“Tokénisation represents a transformer change in investment, providing increased liquidity and rationalized transactions while maintaining compliance and security,” said Mihai Pop, director at APS.
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Metawealth token, pan -European real estate
Founded in 2023, Metawealth Tokenise The pan -European real estate, allowing a split property and almost moments of real estate token.
The platform has tokenized properties through Romania, Spain, Greece and Italy, facilitating more than $ 50 million in token transactions. Each token on Metaweth represents the fractional property, allowing institutional and detail investors to exchange participations in a few seconds.
“Investment provides increased confidence in space, an important source of liquidity to ecosystem and increased access to active world as customers and institutions,” said Metaweth CEO Amr Adawi.
Metaweth has said that it is now among the 10 main platforms of global active world tokenization (RWA), with users from 23 countries.
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Tokenization picks up speed
There has been a wave of interest in RWA tokenization, with major actors in traditional finance and crypto making titles lately.
On April 30, BlackRock filed a class to create a blockchain -based actions class for its Treasury fiduciary fund of $ 150 billion, allowing a large digital book to reflect the property of investors. The same day, Libre revealed its intention to tokensine $ 500 million in telegram debt via its new telegram bond funds.
On May 1, the Multibank group signed a 3 billion dollars tokenization agreement with the Immobilière des Eau Mag and the Blockchain Mavryk supplier.
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