Dr. Leemon Baird, co-founder and Chief Scientist of Hedera, elaborated on the future of asset tokenization and its impact on the economy.
Asset Tokenization at Hedera
In a video posted on July 29, 2025, Dr. Baird discussed how tokenization is set to transform the global economy, comparing it to the shift from paper to digital records. Major institutions, especially on Wall Street, are expected to engage in tokenization starting in 2025.
Hedera's key tool for this transition is the **Hedera Asset Tokenization Studio**—an open-source toolkit launched in late 2024. This tool allows institutions to configure, issue, and manage digital representations of real-world assets, including compliance features like KYC, bond coupons, and stock dividends.
Focus on Gilmore Estates
One of the most discussed projects in the video is **Gilmore Estates**, which claims to be the ‘#1 Real Estate RWA Crypto’ on the Hedera network. The project offers fractional ownership of properties, allowing users to stake the **G Coin (GC)** token to earn passive income primarily from rental properties in New Jersey.
The project has generated mixed reactions within the Hedera community. While some view it as a breakthrough in making real estate investment more accessible, others raise concerns about its transparency and legitimacy, based on research from GROK.
Future of $HBAR and Tokenization
The growing list of institutional partners, advanced tech stack, and momentum behind real-world asset (RWA) tokenization all suggest long-term strength for the $HBAR token. Projects like Gilmore Estates—controversial or not—are part of a broader trend that might see everything from homes to electricity bills tokenized.
With Dr. Baird confidently stating that ‘everything of value’ will be digitized and institutions already deploying capital through Hedera, it’s clear that the groundwork is being laid.
The trend towards asset tokenization based on Hedera technology could significantly impact financial markets in the coming years. Regardless of opinions about individual projects like Gilmore Estates, it is evident that the move towards digital assets is gaining momentum.
