European fund company APS acquires $3.4 million tokenized real estate assets

ChainCatcher news, according to Cointelegraph, European fund company APS, managing $13.7 billion in assets, has purchased $3.4 million in tokenized real estate assets through the MetaWealth platform, involving two residential properties in Italy, marking the first time an institution has directly purchased retail-available tokenized assets.

Currently, MetaWealth has tokenized over $50 million in European real estate, with users across 23 countries.