LTO Network and AKRE join forces to tokenize part of a $25 million real estate asset on the EQTY platform.
LTO Network and AKRE Agreement
LTO Network, a leading blockchain infrastructure provider, has signed an agreement with AKRE, an alternative investments firm, to tokenize a part of a $25 million worth of real estate assets on its blockchain through the upcoming EQTY platform. EQTY aims to bring liquidity and accessibility to real estate markets by tokenizing real-world assets.
EQTY Project and Its Features
EQTY is an innovative ecosystem designed to tokenize and trade real-world assets, bringing new opportunities to real estate investment. AKRE, in partnership with a top-tier Spanish real estate developer, will lead a major residential project on one of Spain's islands. Initial investors include major family offices and top real estate finance firms.
The Future of Real Estate Tokenization
Land development projects are perfect for tokenization as they allow trading risks and benefits in transparent markets. Two major developments in Spain and greater Europe are already confirmed for tokenization on the LTO Network. Rick Schmitz, CEO of LTO Network, highlights the collaboration with AKRE as a testament to the network's role in real-world asset tokenization.
The LTO Network and AKRE partnership marks a significant step in popularizing real estate tokenization, creating new investment opportunities.
