Popular on EntSun
- EMBER™, the Only Standardized System Linking Workforce Identity to Growth, Appoints Global Brand Visionary Bret Sanford-Chung to Board of Directors - 1368
- The 2025 "Aizu Festival" in Aizu Wakamatsu City will be held September 19–21 - 1283
- University Rankings Index Announces 2025 Rankings of the Top US Online Universities - 1253
- Perception meets learning: Museum of Illusions Orlando offers educational field trips - 1236
- iPOP Alum Ava Jean lands role in the reboot of "Buffy the Vampire Slayer" - 1188
- Titus Announces Triumphant Return to the Gospel Music Industry - 1169
- Boston Industrial Solutions Launches Citrine® CAL-685 Silicone Primer - 1098
- Hoki Poki Studio by Sadhana Bruçó Unveils New Artistic Feature: Denim as a Canvas for Storytelling - 657
- Voice Of Rainbow Brite, Bettina Bush Debuts First Solo Children's Album "Once Upon A Rainbow" - 556
- Mount Dora Frida Festival: Feel the Beat, See the Color Sat Sept 27 - 546
Similar on EntSun
- $20 Price Target in Noble Capital Research Report as Deal is Signed for NFL Yearbook Advertising Across 25 Stadiums for AI Powered Sports Leader $SEGG
- 3E Launches First AI Agent Designed to Respond with Empathy for College Recruitment
- Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
- JQRBT Unveils High-Speed Trading Infrastructure Designed for Growing Institutional Crypto Market
- Geeks5g Creative Marketing: The Powerhouse Behind Business Growth
First Connecticut Office Building Tokenized
EntSun News/10810378
REINNO tokenized an office building in Stamford, Connecticut to replace traditional bank financing.
STAMFORD, Conn. - EntSun -- After successfully tokenizing a $105-million-dollar commercial real estate (CRE) fund last month, REINNO issued tokens backed by a multi-million-dollar commercial building in Stamford, CT. The tokens were created on the Ethereum blockchain utilizing industry and regulatory standards. In addition to the technical side of tokenization, REINNO provided all the necessary resources for the project, including establishing the legal structure.
Tokenization as a New Financing Tool
Real estate tokenization creates digital representation of equity and/or debt in the form of securitized digital tokens. It is a tool that makes financing and capital raising easier, faster, more efficient and secure. However, there is a lot more involved than just creating the tokens. For tokenization projects to succeed and disrupt the real estate industry, the tokenization company has to have a deep understanding of the industry in addition to knowing the technology.
More on EntSun News
"That is where REINNO stands out. Unlike its competitors, REINNO provides not only tokenization but also additional services, from regulatory compliance and legal structure to lending against real estate tokens to create liquidity," said Viktor Viktorov, CEO of REINNO. "In addition, we are excited to have partnered with a fully-regulated security token exchange to create greater liquidity for investors."
The Deal
Most tokenized properties are offered to investors in the form of security token offerings. In the case of this commercial building, the owners are not planning to sell. Instead, they will use tokens as loan collateral. REINNO has a proprietary risk assessment model which allows it to almost instantly lend money against CRE tokens. This is a true breakthrough for the real estate market that has been inefficient for years. In the traditional model, borrowing against real estate is expensive and time-consuming, especially when dealing with banks, lawyers and title companies.
More on EntSun News
"Thanks to tokenization and our proprietary lending platform, leveraging an equity investment and pledging tokens to take a loan is possible in just a few minutes," said Barry Monies, co-founder of REINNO. "Moreover, fractional ownership makes it possible to use a portion of tokens as collateral rather than putting a lien on the entire property."
The Future
We are in the early stages of both blockchain and tokenization. Like any other technology, it has to be made simple in order to achieve mass adoption. As more successful projects appear on the market, the public is enticed to learn about the new technology and its applications. Once there is a history of tokenization bringing real liquidity, we can expect wider adoption. REINNO has many deals in the pipeline and is on its way to becoming the one-stop shop for tokenizing real estate and the services associated with this asset class.
Tokenization as a New Financing Tool
Real estate tokenization creates digital representation of equity and/or debt in the form of securitized digital tokens. It is a tool that makes financing and capital raising easier, faster, more efficient and secure. However, there is a lot more involved than just creating the tokens. For tokenization projects to succeed and disrupt the real estate industry, the tokenization company has to have a deep understanding of the industry in addition to knowing the technology.
More on EntSun News
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
"That is where REINNO stands out. Unlike its competitors, REINNO provides not only tokenization but also additional services, from regulatory compliance and legal structure to lending against real estate tokens to create liquidity," said Viktor Viktorov, CEO of REINNO. "In addition, we are excited to have partnered with a fully-regulated security token exchange to create greater liquidity for investors."
The Deal
Most tokenized properties are offered to investors in the form of security token offerings. In the case of this commercial building, the owners are not planning to sell. Instead, they will use tokens as loan collateral. REINNO has a proprietary risk assessment model which allows it to almost instantly lend money against CRE tokens. This is a true breakthrough for the real estate market that has been inefficient for years. In the traditional model, borrowing against real estate is expensive and time-consuming, especially when dealing with banks, lawyers and title companies.
More on EntSun News
- JQRBT Unveils High-Speed Trading Infrastructure Designed for Growing Institutional Crypto Market
- Global Gathering for MANHATTAN SHORT 2025 Features Top 10 Films
- New Leadership and Renovations Usher in Next Chapter for Sunrise Manor
- Who Will Win the 2025 WNBA Finals? OddsTrader Shares Live Betting Odds and Projections
- Geeks5g Creative Marketing: The Powerhouse Behind Business Growth
"Thanks to tokenization and our proprietary lending platform, leveraging an equity investment and pledging tokens to take a loan is possible in just a few minutes," said Barry Monies, co-founder of REINNO. "Moreover, fractional ownership makes it possible to use a portion of tokens as collateral rather than putting a lien on the entire property."
The Future
We are in the early stages of both blockchain and tokenization. Like any other technology, it has to be made simple in order to achieve mass adoption. As more successful projects appear on the market, the public is enticed to learn about the new technology and its applications. Once there is a history of tokenization bringing real liquidity, we can expect wider adoption. REINNO has many deals in the pipeline and is on its way to becoming the one-stop shop for tokenizing real estate and the services associated with this asset class.
Source: REINNO
Filed Under: Banking
0 Comments
Latest on EntSun News
- Sharks and Seaside Resilience in Great White Summer on Documentary Showcase
- Work 365 Launches PV 3.0: The Keystone Power App for Microsoft CSPs
- Local consultant shows small businesses how to turn red tape into real money
- Hazel-E Hosts Pop-Up Gifting Suite on Melrose
- Hollywood Veterans and Rising Stars Join Forces on "HOA" A Vertical Sitcom Designed for Social Media
- Meet a Scientologist Tunes Up with Auto Expert Jimmy Alauria
- 'The Lonely Diners Club' Goes Into Pre-Production
- Tour Napa Like a Local: Vines of Napa Valley Wine Passport AKA Vine Pass Unlocks Hidden Gems
- World Premiere of Ryan's Pub, Trivia Night by Alec Silberblatt
- NYC Comedy Class Launch from Veteran Comedians Ryan Dacalos and Chris Murphy
- Dental Surgical Center Accepts Sedation Patients with Medicaid for MD, WV, PA and DC
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care
- Only 3 Weeks Left till the Start of the OpenSSL Conference 2025
- ENTOUCH Completes $50 million Funding Round
- New Film from BayView Entertainment Poses the Question, "What if Amelia Earhart Had Lived?"
- Teaming Agreement with Emtel Energy USA to Advance Thin-Film PV Energy Storage Capabilities; NASA agreements for Solar Space Tech; Ascent Solar $ASTI
- Nebuvex Acknowledges Platform "Too Secure" for Anonymous Traders; Institutional Investors Disagree
- From Tokyo to Berlin: FreeTo.Chat Unites Cultures with the World's First Confession VRX — EmojiStream™
- AZETHIO Launches Multi-Million Dollar User Protection Initiative Following Unprecedented Platform Growth
- Matecrypt Observes South American Cryptocurrency Adoption Surge Amid Economic Shifts