Major crypto news
This isn’t a headline in most news outlets, but it is a huge deal that was done today in Dubai.
Mantra blockchain and Damac real estate group have sealed a deal in which 1 trillion USD worth of Dubai real estate will become tokenized. This means that regular people will be able to buy a small or bigger piece of real estate in Dubai without having to invest large sums of money. Even without visiting the place.
This will make this real estate market extremely accessible, very liquid and completely transparant. A major leap for the tokenization of real world assets and for crypto. Because other cities will follow.
In theory an extra trillion USD will be added to the crypto market in one haul, and the door is open for a lot more…
Major leap for crypto!
Sincerely,
Pele23
Posted Using INLEO