Crypto leaders are wrong about tokenized property

Date: 2025-05-25

Opinion by: Darren Carvalho, Co-Founder and Co-CEO of MetaWealthDuring Paris Blockchain Week, Securitize Chief Operating Officer Michael Sonnenshein made headlines by dismissing real estate as a sub-optimal asset class for tokenization. This isn’t the first time crypto leaders have underestimated the merits of bringing real estate onchain, and it is likely not the last. While I respect Sonnenshein’s contributions to digital asset adoption, his assessment misses fundamental points about real estate tokenization’s transformative potential.Real estate represents the world’s largest asset class and is projected to reach a value of $654.39 trillion this year, according to Statista. When industry leaders claim that this massive market isn’t suita...

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