Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Hotel Aspen St. Regis Sells Real Estate Tokens On Ethereum Blockchain
Real Estate

Hotel Aspen St. Regis Sells Real Estate Tokens On Ethereum Blockchain

by fortune.com posted 8months ago 56 views
The owners of the St. Regis Aspen Resort in Colorado have begun to sell real estate security tokens on a blockchain with help from Indiegogo, a crowdfunding site. “We think we have a once-in-a-lifetime opportunity to create a benchmark for what real estate tokenization looks like,” said Stephane De Baets, founder and president of Elevated Returns, owner of Aspen’s St. Regis and other hotel properties. Tokenization refers to the process by which an asset, such as equity, real estate, or fine art, is divvied up into fractional equity ownership stakes that are digitally tradable.

In this article