In the dynamic realm of institutional and private capital markets embracing blockchain technology for real-world assets (RWAs), RedSwan CRE (“RedSwan”) continues to lead the way in tokenizing quality real estate investment opportunities. On September 21st, 2023, RedSwan achieved a historic milestone by securing an exclusive assignment to onboard and distribute a $4 billion real estate portfolio onto the blockchain.
Tokenizing Innovation RedSwan will design a tokenized fund structure, allowing their client to manage a digital cap table and access new investors globally. This groundbreaking move not only facilitates wealth management but also mitigates risk for individual participants. Managed by Dubai-based WhiteRocks Holding, the all-cash portfolio, appraised by global CRE industry leader Cushman and Wakefield, stands as one of the largest private client deals using innovative tokenization, featuring 36 mixed-use properties in the Middle East Gulf States region.
Middle East Gulf States Real Estate Market Overview The Middle East Gulf States real estate market, known for its stability, projects a 5.70% growth rate from 2023 to 2028, with a current development pipeline valued at $1.4 trillion, according to CBRE.
Our founder Edward Nwokedi, Founder and CEO of RedSwan CRE, expressed his enthusiasm, stating, “RedSwan has consistently led the charge in tokenizing commercial real estate. The vast potential of RWA digital demand propels our mission as we guide our clients toward raising capital from digital sources. With a total addressable market exceeding $1.2 trillion, RedSwan is poised to become the BlackRock of tokenized real estate.”
WhiteRocks Holding’s Perspective on Web 3 WhiteRocks Holding recognizes the profound impact of Web 3 tokenization. Dr. Raha, Head of Digital Assets for WhiteRocks, stated, “We eagerly anticipate implementing tokenization across all our future capital projects, with the RedSwan CRE team as our trusted partner to execute these transformative endeavors.”
Established in 2018, RedSwan CRE is dedicated to tokenizing institutional-grade real estate into digital securities. RedSwan Markets, registered with the SEC as a Registered Investment Advisor (RIA), is led by Founder and CEO Edward Nwokedi, an 18-year veteran of the capital markets. RedSwan actively seeks collaborations with RIAs, broker-dealers, and wealth managers globally as valued distribution partners for their diverse portfolio of digital securities projects.
Contact Us Professionals interested in collaborating with RedSwan CRE are encouraged to contact us at [email protected]. Join RedSwan in revolutionizing the future of real estate investment through blockchain technology!