Polytrade, the largest aggregator of tokenized assets, successfully completed a funding round raising more than $6 million, significantly strengthening its position in real estate tokenization.
New Capital Round for Polytrade
Polytrade, an aggregator for tokenized real-world assets, has completed another funding round, raising over $6 million from strategic partners. This capital will assist the company in developing its infrastructure for real estate tokenization and responding to the growing interest in its technology from institutional investors.
Company Strategy and Future
New investment partners include major players in real estate and Web3 infrastructure, such as Mastercard and Polygon. The company intends to focus on creating infrastructure for real estate tokenization and developing customizable technology modules for various financial institutions.
Challenges and Solutions in Real Estate Tokenization
According to Polytrade founder Piyush Gupta, "real estate is the next major frontier for tokenization." The company addresses issues related to fragmented ownership systems and high process complexity with its proprietary technology, enhancing liquidity and accessibility for institutional and retail investors alike.
Polytrade continues to evolve as a leader in the field of real-world asset tokenization, providing transparency and trust in investments, which fosters interactions with various market participants.
