HBAR Foundation, the development team behind the Hedera blockchain, announced via X on Tuesday that RedSwan CRE has begun tokenizing its $5 BN+ real estate portfolio as real-world assets (RWAs) on Hedera.
By leveraging the RedSwan Token Studio, users can participate in creating and investing in digital security tokenized assets. Users can also benefit from increased liquidity, fairer market prices, and reduced management fees.
By fractionalizing assets on RedSwan, the studio allows users to own a piece of commercial real estate that has traditionally been out of reach for the smaller investor.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0941 at press time, down by 7% over the last 24 hours.