Grant Cardone plans to tokenize his firm's $5 billion real estate portfolio
Grant Cardone is set to tokenize his firm's $5 billion real estate portfolio, aiming to make real estate investments more accessible to a broader audience. The initiative will allow investors to purchase fractional ownership in properties through blockchain technology. Cardone's move is part of a growing trend in the real estate sector to leverage tokenization for liquidity and democratization of investments. The tokenization process is expected to enhance transparency and streamline transactions in the real estate market.
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