DeFi Revolutionizes Real Estate Investment
Summary:
The article discusses how Decentralized Finance (DeFi) is revolutionizing the real estate sector through asset tokenization. Kunal Bhasin of KPMG predicts that this technology will allow institutional investors to buy shares in prestigious buildings via blockchain, making the market more accessible and transparent. Although adoption has been slow, examples like Bitfinex Securities’ fundraising for a hotel and the success of tokenized Treasury bonds indicate growing interest. Despite concerns over fraud and reputation risks, measures like KPMG’s use of Chainalysis are helping to mitigate these issues. The article suggests that staying competitive may soon require involvement in crypto assets, as DeFi continues to transform real estate and potentially other sectors in the future.