MEY Network Disrupts Real Estate with Tokenized Property NFTs—Wall Street Landlords Sweat

Fractional ownership goes blockchain as MEY Network digitizes real estate assets into tradeable NFTs. No more paperwork, no middlemen—just deed-backed tokens on-chain.

The play? Democratize property investing by slicing prime assets into liquid pieces. Miami penthouse for 0.1 ETH? Suddenly possible. (Though let’s be real—the ’democratization’ stops at whoever can afford the gas wars.)

Early adopters bet this kills REITs; skeptics note the SEC’s looming shadow. Either way, another brick in the wall of traditional finance just got replaced by a smart contract.

The RWA market hits an ATH

Asset tokenization is becoming one of the most promising applications for blockchain tech. In March, the total value locked of all RWA assets reached an all-time high of $10.67 billion. Much of this TVL came from BlackRock’s tokenized fund, which accounted for more than 15% of the total.

Tokenized real estate enables ordinary investors to enter private markets while keeping their portfolios diversified. However, tokenization also presents risks, including those of trust and management. For one, tokenized real estate assets all need property managers, who can have incentives that are different than the actual owners. At the same time, token owners rely on the trustworthiness of the platform that they use.