Yeshara Tokens Limited is one the companies that received the greenlight from Capital Markets Authority (CMA) for trading of real estate tokenized securities. in a press release, CMA states it granted the firm one-year trial period in a move to unlock liquidity and broaden access to financial markets.
tokenized security tokens are not new in the global markets and has been tested for a while now.
Advantages of Tokenization
- Enhanced Accessibility: It opens doors to high-value investments for those with limited capital by enabling fractional ownership. Investors can own portions of premium assets like real estate without needing to purchase the entire property.
- Improved Liquidity: Traditional assets often lack liquidity, but tokenized shares allow for seamless buying, selling, and trading, especially in sectors like real estate.
- Security & Transparency: Transactions are securely recorded on a blockchain ledger, offering tamper-proof, real-time transparency that builds trust.
- Global Participation: Blockchain technology lowers entry barriers, enabling international investors to access diverse opportunities across regions.
We have highlighted some developments in tokenization in other areas of the world such as this Church in Colorado that tokenized $2.5 Chapel. As tokenization of real world assets gain pace, it is expected more of such developments will be announced.
There are other blockchain startups in Kenya solving the real-estate problem. Check out the work being done by AlphaBlock, MyShamba Digital and Atlas.
