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Fifth Wall Ventures Is Bullish On The Tokenization Of Real Estate

by fortune.com posted 2months ago 36 views
Fifth Wall managing partner Brad Greiwe says tokenization is 'the most interesting thing we think about. ': Fifth Wall Ventures has a pretty narrow investment thesis. It invests exclusively in startups focused on real estate technology across sectors such as hospitality, retail, and construction. The firm, which launched last year, raised $212 million for its debut fund from a star-studded roster of investors, including CBRE, Prologis, Hines, Lennar, Host Hotels & Resorts, Equity Residential and Macerich Properties. Just last month, it held a first close on its second real estate tech fund, which has a target of $400 million.