Finance Institutions Warm to Tokenization And This Crypto is Revolutionizing Real Estate And is in Presale Now

cryptonews.com:

As blockchain technology continues to seep into mainstream finance, major banks and financial institutions are looking into tokenizing assets as a means of making them more accessible to users and investors.

This is no surprise, since this process of issuing digital tokens on blockchains to represent digital or physical assets offers many benefits. For example, it offers the ability to have fractional ownership, thereby expanding the opportunities for investing in assets, while also opening up the potential for 24/7 trading with no intermediaries.

One example of an institution getting into the tokenization scene is the global accounting firm Ernst & Young, which revealed that it was working with key financial institutions to tokenize financial assets like stocks, bonds, and real estate as early as 2021.

Real estate is a particularly powerful use case of tokenization since the traditional barriers to investing in real estate, such as high down payments and mortgage payments, have made it challenging for many to enter the market.

Metropoly, a revolutionary real estate NFT marketplace, is one of the first players entering this space and looking to change the industry with its fractional ownership, high liquidity approach.

The real estate market has long been dominated by those with deep pockets, as traditional methods of investment can involve high down payments, mortgage costs, and ongoing maintenance fees. In response, Metropoly has emerged as a solution that will allow much more investment in real estate through its real estate NFT marketplace, providing an alternative investment approach that is fractional and highly accessible.

The Metropoly platform allows anyone to invest in real estate with a minimal investment of just