DigitShares launches tokenized real estate trading platform REX on Polygon
ChainCatcher news, according to Cointelegraph, the RWA tokenization platform DigitShares has launched the tokenized real estate trading platform RealEstate.Exchange (also known as REX) on Polygon. REX aims to provide a compliant secondary market for retail investors to invest in fractional real estate, potentially addressing the existing liquidity constraints in the industry.The REX platform will tokenize two luxury properties in Miami, Florida, including The Legacy Hotel & Residences, a building with 529 units managed by the real estate investment platform FraXion, and a residential complex with 38 units managed by Trade Estate. REX is licensed in the U.S. through Texture Capital, a registered broker-dealer with the U.S. Securities and Exchange Commission.
