RealT's launch on Uniswap represents the tokenization and tradeability of one of the first real estate properties to be listed on a decentralized finance exchange.
RealT, a digital platform for global investors looking to purchase fractional ownership of US properties, has announced the official launch of its first exchanges on Uniswap. The blockchain-enabled exchange platform has a simple and streamlined interface, which offers seamless exchanges between any digital asset on the Ethereum blockchain.
Through this partnership, one of the first digital assets representing a traditional security launched on an open finance exchange was completed at the beginning of the month. RealToken tied to RealT’s flagship property, 9943 Marlowe Street in Detroit, Michigan was exchanged with the Ether on Uniswap, meaning that now those who hold RealToken cryptocurrency can use it to purchase or sell instantly Marlowe RealTokens with Ether. The RealT-Uniswap integration has created one of the fastest and easiest ways to buy or sell real estate in the world.
The listing of RealTokens within Uniswap is significant because it demonstrates a security token operating inside of Ethereum’s open financial system, while still maintaining compliance. All business and compliance logic that is incorporated within RealTokens is retained in Uniswap.
“Providing liquidity to real estate is integral to the core vision of RealT. We are pleased to have been able to make that vision a reality through Uniswap’s seamless interface and efficient exchange.”
— Jacobson Brothers, Remy and Jean-Marc, Founders of RealT
Edited by V. Haviland
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