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Barchart
Barchart
Andy Mukolo

Using “Tokenized Real Estate” as Collateral

Ripple Labs

Despite being such a massive industry (valued at $3.8 trillion in 2022), real estate has lagged in automation and liquidity. Still, some exciting developments are taking shape.

Blockchain company Ripple Labs recently announced an innovative pilot program combining “tokenization and finance lending protocols” — to enable users to tokenize real estate assets and utilize them as collateral for loans.

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