RealEstate.Exchange Launches Tokenized Real Estate Trading on Polygon

RealEstate.Exchange (REX), powered by DigitShares, launched on March 25 to bring tokenized real estate trading to Polygon, aiming to provide retail investors with a compliant platform for fractional property investments. The platform starts with two luxury properties in Miami, including The Legacy Hotel & Residences and a 38-unit residential complex. DigiShares CEO Claus Skaaning mentioned plans to support various property types, with 5-6 additional properties in the pipeline. Polygon was chosen for its low transaction costs and security. REX is licensed in the U.S. through Texture Capital and is pursuing registrations in the EU, South Africa, and the UAE. DigiShares has facilitated $100-$200 million in tokenized real estate assets since 2018. The RWA tokenization market has reached $62 billion, with real estate tokens representing the largest number of active tokens by asset class.