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- Cardone Capital will tokenize $5B in US multifamily and commercial properties.
- XRPL now hosts $280M in tokenized diamonds, showing blockchain adoption for real assets.
- Tokenization offers liquidity, collateral options, and custom investment strategies.
Cardone Capital, the real estate firm led by entrepreneur Grant Cardone, is taking a major step into blockchain by announcing a $5 billion plan to tokenize its US multifamily and commercial properties. This move aligns with a growing trend of traditional asset managers exploring digital transformation to offer investors liquidity and new collateral options.
Real Estate Meets Blockchain
In a recent post on X, Cardone highlighted that tokenization will allow his company to provide investors with collateralized digital assets tradable on secondary markets. Over the past decade, Cardone Capital has built a loyal retail investor base, distributing more than $500 million in cash flow. The firm’s new initiative reflects a strategy to modernize real estate investment, making ownership more flexible and accessible.
Tokenization converts tangible assets into blockchain-based tokens, giving investors the ability to trade or partially own properties without traditional constraints. This technology is attracting growing interest across sectors, from bonds and private credit to luxury goods. Other companies, including Trump’s World Liberty Financial, are exploring similar projects, like tokenizing revenue from Maldives resort loans.
XRPL Expands Beyond Real Estate
Cardone Capital’s move coincides with Ripple-backed Ctrl Alt’s milestone: the tokenization of $280 million in certified diamonds with Dubai-based Billiton Diamond. These assets are now live on the XRP Ledger (XRPL), secured via Ripple Custody. Ripple executives say the project bridges physical commodities with blockchain, offering transparency, efficiency, and liquidity previously unavailable in luxury markets. XRPL now hosts nearly $2 billion in tokenized real-world assets (RWA), highlighting growing adoption for high-value assets.
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A Growing Market with Big Potential
According to Deloitte, the tokenized real estate market could reach $4 trillion by 2035, expanding at roughly 27% annually. Tokenization allows asset managers like Cardone Capital to customize portfolios based on specific investor goals—whether targeting sustainability-rated properties or locations near airports—unlocking opportunities that traditional financial products cannot.
For Cardone Capital and others, tokenization represents a dual benefit: modernizing asset management and providing investors with increased flexibility, liquidity, and security. As blockchain adoption accelerates, real estate and luxury commodities alike may increasingly move on-chain, reshaping the investment landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
