Tokenization can change real estate investment – Polygon CEO

The tokenization of the real-world asset (RWA) can fully overhaul the real estate investment sector, which is quite unreasonable, filled with mediators, and high transaction costs, according to Polygon CEO Mark Boiron.

In an interview with cointelegraph, the CEO said the tokenization of the possession could remove unnecessary mediators, thus lowering transaction costs.

The CEO added that fractional ownership and trading tokenized real estate in the second market will open liquidity and increase the speed of money. Bairon said to cointelegraph:

“The thing you really want is the ability to eliminate discount unlucky in real estate. All real estate is unreasonable and therefore it is discounted to some degree. It can be more important if it is liquid.”

The Lumia Towers, an ongoing $ 220 million commercial real estate development in Istanbul, Turkey, featuring two skyscrapers with 300 mixed commercial and residence, which used polygon technology to token the project.

Boiron said the future of real estate is onchain. However, regulators should be comfortable with blockchain technology and public -free systems before the tokenized real estate has become the standard of de facto.

Related: The $ 1 billion blueprint for tokenized real estate: Rwas Dubai shape

Real estate to come to onchain around the world

In the United States, the quarter offers Tokenized alternative to home debt mortgages To increase the levels of home ownership and make it more affordable to the aspirations of home buyers.

The company has achieved this by assigning fractionalized equity rights to both property investors and the prospective home buyer, which can be sold-divert from traditional debt-based debt financing currently standing standards in many constituents.

In February 2025, the Real Estate Blocksquare platform Launched a real estate tokenization outline For the European Union that allows equity rights to assign and transfer to onchain.