New York, the first property tokenized with Ethereum blockchain

In Manatthan a luxury building is getting a new digital home on the worldwide Ethereum blockchain. Rachel Wolfson on Forbes explains that the property has been valued over $ 30 million.
According to the source interviewed by Forbes, “the market in New York is always strong, but it can take some time to sell for the right price in a new construction building. With blockchain tokenization – he explains – we can remove the unruly pressure of traditional bank financing, which is much healthier for the project and all of the stakeholders. Tokenization is paving the way for a new forefront in real estate development,” he concludes.