EstateX Partners with Melia Hotels to Tokenize Luxury Cape Verde Resort for U.S. Investors
Amsterdam-based property tokenization platform EstateX has secured a strategic partnership with Melia Branded Resorts to bring a luxury beachfront property in Cape Verde on-chain. This marks EstateX's second U.S. offering following a sold-out debut that cleared in just five minutes. The collaboration, facilitated by DNA Fund co-founded by Tether co-creator Brock Pierce, leverages blockchain technology to fractionalize high-value resort assets.
Melia's portfolio spans 300 hotels across 30 countries, making this agreement a significant step toward institutional adoption of tokenized real estate. EstateX's blockchain infrastructure enables retail investors to participate in premium property markets with entry points as low as $100. The platform recently achieved a record 323 million FDV token launch, signaling strong market demand for alternative asset digitization.
"Melia's global footprint mirrors our vision for democratizing property investment," said EstateX co-founder Bart de Brujin. Newly appointed CEO Steve Craggs, formerly of RE/MAX England & Wales, emphasized the initiative's focus on delivering institutional-grade assets with blockchain's liquidity advantages.