RealEstate.Exchange launches on Polygon for tokenised property trading

RealEstate.Exchange (REX), a tokenised real estate platform developed by DigiShares, has launched on Polygon (CRYPOT:MATIC) to enable fractional property investments.

The platform, licensed in the U.S. via broker-dealer Texture Capital, debuted with two Miami luxury properties: The Legacy Hotel Residences (529 units) and a 38-unit residential complex.

CEO Claus Skaaning highlighted Polygon’s low fees, fast settlement, and security as key factors in the blockchain choice.

REX aims to address liquidity gaps in secondary markets, offering retail investors compliant pathways to buy and sell tokenised assets.

The platform plans to expand listings to residential, commercial, and luxury properties, with 5–6 additional projects in development.

Regulatory compliance is central to REX’s strategy.

Beyond U.S. licensing, the platform is pursuing MiCA and MiFID registrations in the EU and exploring approvals in South Africa and the UAE.

DigiShares has facilitated $100–200 million in tokenised real estate since 2018, positioning REX to capitalise on a broader RWA market valued at $62 billion (Security Token Market data).

While real estate tokens lag behind debt and equity in monetary value, industry leaders like Mantra (CRYPTO:OM) CEO John Patrick Mullin project growth into “trillions of dollars” long-term.

REX’s launch follows similar initiatives, such as Blocksquare’s EU tokenisation framework and Dubai’s regulatory embrace of RWA platforms.

The platform’s success hinges on balancing regulatory rigor with user accessibility.

As Skaaning noted, REX aims to streamline property investments while adhering to global compliance standards—a challenge mirrored by competitors navigating fragmented regulatory landscapes.