Blockchain has long held the potential to transform real estate, yet converting that potential into legally binding ownership has been difficult. In this conversation with ET Digital, Manish Kumar, Co-Founder & CEO, RealX, explains how its tokenisation infrastructure aims to bridge that gap, the business opportunity it sees in fractional real estate, and what it will take for the model to scale in India. Edited excerpts.
The Economic Times (ET): For someone unfamiliar with tokenisation, what exactly does ‘The Box’ enable? How does the process work when a real-world asset, such as a property, is converted into a legally enforceable digital asset, and what does an investor actually own? For someone unfamiliar with tokenisation, what exactly does ‘The Box’ enable?
